COLLAPSE OF US DOLLAR..........?

AS EVERYONE WAS FEARING ............ A SERIOUS CRISIS IS GOING TO HAPPEN IN THE NEAR FUTURE RELATED TO THE VALUE OF US DOLLAR

WHY IT WILL AFFECT NRI'S?

THEY R EARNING MONEY IN US DOLLAR OR IN ANY OTHER FOREIGN CURRENCY. DECREASING DOLLAR VALUE MEANS INCREASING VALUE OF INDIAN RUPEES.HENCE THE MONTHLY SALARY NRI'S R SENDING HOME IS GOING TO BE LESS.

IF DOLLAR IS DECREASING IN VALUE ALL COUNTRIES WILL HAVE 2 READJUST THEIR CURRENCIES AND THERE WILL BE HUGE LOSS IN THEIR FOREIGN RESERVES

AMERICA CANT COVER MUCH NOW.....THEY R LOOSING TO HIGH BUDGETARY AND TRADE DEFICITS AND THEY CANT BORROW MORE

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