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FattyB - 4:37 pm on Oct 7, 2008 (gmt 0)
Plus Europe has big problems as well, UK's might even be worse than US when our celf-cert and buy-to-lets all finally bottom out. So I don't think the dollar will collapse...though who knows in these wild times.
I reckon the dollar might slip short-term a bit but over the next year it should strengthen. UK will probably drop interest rates soon, which will lower the pound.