Tuesday, October 13, 2009
Is The Dollar Doomed?
When Bloomberg runs articles like this, you have to wonder....
Denninger: Is The Dollar Doomed?
Oct. 12 (Bloomberg) -- Central banks flush with record reserves are increasingly snubbing dollars in favor of euros and yen, further pressuring the greenback after its biggest two-quarter rout in almost two decades...
World leaders are acting on threats to dump the dollar while the Obama administration shows a willingness to tolerate a weaker currency in an effort to boost exports and the economy as long as it doesn’t drive away the nation’s creditors...
Denninger: Is The Dollar Doomed?
Permalink posted by markw @ 5:31 AM 
 |
 |  |
  |
