The inevitable collapse of the dollar
October 8, 2008 – 7:42 am
Euro/Dollar Rate:
The current account deficit:
Summary: Americans are living beyond their means and Asia is currently financing that. But eventually the Asians/Europeans will stop financing the USA and then the bubble will burst. Also check out the 1-minute video which I’m responding to for a quick explanation
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Tags: collapse, Crash, crisis, Currency, Economic, Economy, euro, Financial, Market, recession, US Dollar
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2 Responses to “The inevitable collapse of the dollar”
god damn america!
By abu sayaf
on May 26, 2009