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Cramer: Abandon the Dollar Now, US Is 'a Laughingstock'

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As the world laughs at Washington's antics, CNBC's Jim Cramer says smart money should look for any possible means to flee the dollar.

The United States is "a laughing stock around the world, maybe worse than Italy in some ways when I look at benchmarks," he said on Squawk Box. "We have obviously lost the faith of a lot of countries."

If there is a way to take your money out of this country, Cramer suggests putting it in Germany. If he were in the shoes of China, Kuwait, Brazil or Japan, "I would do it immediately," he claimed.


Read Latest Breaking News from Newsmax.com http://www.moneynews.com/InvestingAnalysis/Cramer-dollar-gold-US/20...
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Tags: 'a, Abandon, Cramer:, Dollar, Is, Laughingstock', Now, US, the

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