dito is offline dito Post #1  October 6,2009, 5:45am
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It's actually the dollar that's falling. Lets have more wars, more welfare, free health care!! Wooo hoooo.



The demise of the dollar - Business News, Business - The Independent
 
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saulgoode is offline saulgoode Post #2  October 6,2009, 1:15pm
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It's the rise of the yuan and the euro. We all saw it coming.

The article's got a bunch of speculation in it, so I'd question the accuracy, but you can't question the valid concerns.

China practically mandated Obama to hold that second stimulus package, but he released it anyway.

China doesn't like having its wealth tied up in USD, while holding such a large amount of our debt.

It's a business decision. There's no arguing that the American run is up, and that our borrowed wealth is quietly being sapped out before we go belly-up.


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Ugidali is offline Ugidali Post #3  October 24,2009, 2:38pm
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The main issue regarding the dollar I would think is that the government is printing it without limits.

The second issue is the government is spending it with wild abandonment.

The reasons are political, of course. The results will be personal, unfortunately.
 
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acelticsteve is offline acelticsteve Post #4  December 11,2009, 3:55pm

would like to be in Hawai'i with his kuu ipo

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while we are at it lits spend trillions we don't have to stop globle worming some thing that might have all ready stoped itsself.
 
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