Comment by Schnitz

Everyone except the US is going to come out stronger on the other end of this mess. Too many Americans believe the world would be screwed without the US and the USD, they can’t imagine trading being done in RMB or EUR, yet it is already happening. As a German that has lived in the US for over 10 years I just watch and wonder. Moving back to Germany is a more enticing prospect than it has been for a long time. I know a lot of Europeans that have moved or are planning their move. I don’t mean they talk about plans, they are buying land, building houses, etc.