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Thread: Will the dong overtake the dollar?

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  1. #17
    Nobody expects the Senior Member Lemur's Avatar
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    Default Re: Will the dong overtake the dollar?

    Quote Originally Posted by Devastatin Dave
    The strength, girth, and stamina of the dollar is important to everyone on this forum.
    Indeed, but the recent softening of the dollar has been on display for everyone to see. Quite the embarrassment. I don't think we're in danger of having our Asian partners ditch us for Vietnam, however, as their dong is tiny in comparison to the dollar. In other words, no matter how deflated and softened our dollar becomes, it's still bigger than the dong. In financial terms, the dollar is both a "grower" and a "shower."

    Honestly, if I had to take a position in the currency markets right now, I would short the dong.
    Last edited by Lemur; 01-03-2008 at 21:01.

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