Friday, May 13, 2011

The Decline in the Dollar


According to Uncommon Wisdom:

U.S. dollar on the edge of a great cliff!

Global investors are dumping dollars like there’s no tomorrow. It’s the Fed’s money printing — plus Washington’s complacency about its credit worthiness — that’s driving the dollar into the gutter.

The big danger ahead is that we could see a bust in the biggest bubble of all — the U.S. government bond market!

No comments:

Post a Comment