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Loan Modification

: Mortgage Lender Implode-o-Meter

And the Winner Is.... the SDR

By Implode-Explode Heavy Industries

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`` It appears clear now that the preferred alternative to the US dollar reserve currency regime for international transactions is going to be the Special Drawing Rights (SDR) units from the International Monetary Fund. We have seen indications that this was going to be the alternative, as compared to the euro, but it was not so confident a probability as it seems today.''

Full post as published by Mortgage Lender Implode-o-Meter on June 17, 2009 (boomark / email).

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