US dollar News
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The US dollar (USD) could collapse within the near future. The USD could fall during the months of October or November of 2012 or shortly afterwards. It could be replaced by either a new global or North American currency.
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New Delhi -
At a meeting of the world's 5 leading emerging economies, many issues were raised including stepping away from the Dollar as a reserve currency and reform of the IMF. Humanitarian aid to Syria was also discussed.
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In the short term, both the US dollar and US Treasury bonds may actually benefit from the downgrade of the US debt and react to panic buying.
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The Chinese government, in general, is not denying anymore china is becoming a major world power and it is encouraging people to discuss it.
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The hard landing scenario of the US economy couldn't leave other countries' economies stay intact.
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And can it come from across the road, North, to the US? CNN's Lou Dobbs say its on its way. Thanks to the 'neoliberal' economic ideology - The Common Enemy.
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The hungry and firmly built economies of China and India are rewriting the rules of competition and 'threatening' Europe's way of life.
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Central bankers are now looking for alternative investments to US dollar.
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Analysts: A dramatic moment for the US dollar as foreign exchange markets wake up to the threat that the Federal Reserve will have to slash interest rates in the new year to stave off recession.
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US dollar Blogs
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Economic Collapse News | 23 reasons Americans need to get out of the dollar and buy gold now "Whether it’s the...
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Economic Collapse News | U.S. printed three billion $100 bills, up 100% since 2007 financial collapse "Nicholas...
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Economic Collapse News | Dollar collapse possible as other currencies compete for world reserve status "Since the...
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For at least the last 3 years I have been sounding off and warning about crass and dangerous foreign dollar policies...
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