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Benign neglect may turn the dollar from a safe haven to a dangerous place to be
tethys
Registered User
User ID: 1386 (OP)
11-29-2009 12:46 AM

Posts: 4,701



Post: #1
Benign neglect may turn the dollar from a safe haven to a dangerous place to be
http://www.telegraph.co.uk/finance/econo...to-be.html

The US government is shouldering a vast $12 trillion debt pile – that's 12, followed by 12 zeros.

The trade deficit of the world's biggest economy also remains huge. How much longer can the dollar defy gravity?
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Full Circle
Guest of Intrigue
User ID: 1920
11-29-2009 12:53 AM

 



Post: #2
RE:Benign neglect may turn the dollar from a safe haven to a dangerous place to be
I keep wondering that myself. chuckle

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tethys
Registered User
User ID: 1386 (OP)
11-29-2009 12:55 AM

Posts: 4,701



Post: #3
RE:Benign neglect may turn the dollar from a safe haven to a dangerous place to be
1592  Wrote:
I keep wondering that myself. chuckle


Gosh! where can I buy one of those - does it just do dollars or all world currencies?
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Full Circle
Chuck Norris
User ID: 1920
11-29-2009 12:59 AM

 



Post: #4
RE:Benign neglect may turn the dollar from a safe haven to a dangerous place to be
lol No idea. It was only a reference to the fact that they seem to be able to create money out of nothing.
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