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(I have re-posted this link because the initial response was so heavy.) I have always expected the dollar’s collapse to happen in mere hours, not weeks or months. A blogger named John Galt has imagined how things will play out that day, and his scenario seems to me not merely plausible, but precisely inevitable. It would have bullish implications for commodity-based economies such as New Zealand’s, and this would seem to afford investors a relatively safe haven besides gold when the collapse comes to pass. Click here for Galt’s scary account of a stormy day that seems all but certain to arrive.
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More on this topic
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Rod Drury joins New Zealand Stock Exchange (NZX) Board
(Valuecruncher, 11/30/09)
Checking In On New Zealand
(Random Roger's Big Picture, 10/5/09)
Well That Is A Bummer
(Random Roger's Big Picture, 10/8/09)
An Open Letter To NZX ($NZX.NZ)
(Valuecruncher, 2/6/10)
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