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Old 25th May 2008 | 03:51
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rtforu
 
Joined: Sep 2003
Posts: 65
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From: Aus
Outlook for USD

I have always believed that the USD would someday make a comeback however I am starting to have doubts. I listened to a web interview with Warren Buffet the other day, I know that trying to predict the direction of currencies is difficult but I reckon a guy like Buffet would probably be better at it than most.

Anyway, he thinks the USD dollar will decline further over the longer term and will be worth substantially less in 10 years time. Bad news for people not planning to retire in HK or USA.
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