Welcome Ladies and Gents to our latest game show called "Who's next to devaluate their currency?"
That's right, you can be a contestant and win many prizes, all what you have to do is correctly predict the next 7 countries to devaluate their currencies, predict the moronick response as to how much will Gold come down each time a country admits that their currency is worthless.
We now have Switzerland as number 1, Japan just came in with an impressive No 2. Whom will 3 be? Italy, Spain, Ireland, U.K., U.S. Your guess is as goos as mine.
You can also play, "whom will be next to be downgraded" So far the US seems to be leading that race with it's "super committee" who's about to fumble the ball, (like if they'll agree on anything) the UK can be the underdog here, allthough Italy and Protugal will be fighting hard for that distinction.
Don't forget the winning contestant will be flown to Washington to meet Dr. Bernake, and and will be invited to press the button which will start the printing presses in motion. That's right you can have the chance to contribute in the further destruction on the western economy and also get to see your future purchasing power diminished greatly.
We'll be right back after this word from our sponsor, the fine people at JPM who will be telling us how bank fees are good, and 99% are wrong.......
Later