Dollar Death Spiral

[Administration]

A new blog has been published addressing current news and trends of the financial scene, including the all-time-low of the American dollar against the Euro.

Dollar Death Spiral (http://www.e-watchman.co.uk/)

[Eli's Foe]

The Dollar will only die when it is in fact a casualty of war, not in the same sense as the falls previously experienced at times of tension but rather because antagonistic countries holding US Currency reserves dump them in a preemptive action (whether deliberately or in panic). This will set off a chain of panic selling which will bring about the dramatic downward spiral.
It is true, as the first comment on the blog says, that Watchman has been saying this for some time - that does not mean it wont happen.

EF

[Berean]

Meanwhile, Europeans are partying because of the low import prices. :ban_dance01:

[Candace]

Meanwhile, Europeans are partying because of the low import prices. :ban_dance01:[/b]

I think it's time I moved to India. :Yahoo_33:

[James]

<div class='quotemain'>Meanwhile, Europeans are partying because of the low import prices. :ban_dance01:[/b]

I think it&#39;s time I moved to India. :Yahoo_33:
[/b][/quote]


I&#39;d be wary, though, if it says &#39;made in china&#39;! :rolleyes:

[stayawake]

I dont know if this is the place for this but I guess it will fit in. Was on news today about even Religious org are taking advantage of making a fast buck.

I wont give any names but one chain of religious stores have a contract of crosses being made with China .
Brought out that these abused girls when everything is deducted from their pay they are averaging nine cents a hour. Working as long as 18-20 hrs a day.\ Selling the crosses at 10.00 a piece, the relgious order is making 1000 % profit.

Now that is not the end of the story......most think the nuns make the crosses because China was asked by one chain of stores to put a marking on , saying " Made in Itlay."

Religion really is a snare and a racket.