12.11.2007 Other Voices: Salus Alpha Capital says US-$ to become funding currency instead of an investment currency, EUR/USD target 1,80
The effect of the US subprime crisis on the global financial system is apparently more profound than market participants anticipated until recently. We might witness the unwinding of another bubble after the real estate bubble made in the USA – the financial sector bubble.

Recent news showed that major US banks are significantly exposed to subprime mortgage holdings. Their European counterpar

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