My “G-20’s Secret Debt Solution” article last week set off quite the buzz all over the investment community, including on this blog. I was flooded with comments from readers.
While some think I’ve lost my mind, I do have history on my side (not to mention some distinguished company in my camp, including George Soros.)
I elaborate more on this and the new monetary system I told you about last week in my current Money and Markets column. I also answer some of the many questions I received. Given the importance of all this, I encourage you to read it now.
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{ 1 comment… read it below or add one }
The prospect of the G-20 devaluing all currencies is a very serious threat to all of us who have most of our money on the sidelines right now. Any concensus from Weiss Research on the possibility of a major devaluation occuring any time soon? Lacy Gilliam
Larry Edelson Reply:
February 17th, 2009 at 4:29 pm
That forecast is mine, and not widely shared at Weiss.