IPM Comment: We have actually written about this very subject here 9 Trillion US$ Carry Trade That May Take The World Economy Down, What is it exactly?
Now Raoul Pal explains this trade very well indeed and how it will affect everyone of us going forward. A surging US$ will cause widespread pain in the emerging economies, including a final surge peak in the Bond markets to top off the greatest bubble in all of history - the debt bubble. Enjoy the video....