I have no idea what it means to the world! For me, it means flying back to Laos will be more expensive. The dollar have been falling since the end of the Fed interest rate hike cycle. I was searching for topics on a secret plan to collapse the dollar today. What I found was a common theme that is repeating on the same stories. Dollar will collapse because of China, Opec, recession and blah blah. Somehow the dollar find ways to gain strength again. Looking to be bullish on the dollar and ride it back to its glory days.
What The Collapse of The US Dollar Will Mean to The World | 100777.com
What The Collapse of The US Dollar Will Mean to The World
Filed under:
* USA
* EU
* Money, Banking, The Fed, IMF
USAEUMoney, Banking, The Fed, IMF
December 1, 2004 – 02:03
by Bruce Porteous bruceport@xtra.co.nz Fri Nov 26, 2004
A currency dealer displays US dollar notes at a currency exchange office. The dollar plummeted to new lows against the euro on expectations Russia could par down its dollar reserves in favor of euros and amid ongoing concerns over the US budget and current account deficits, analysts said. [AFP] http://www.chinadaily.com.cn/english/doc/2004-11/26/content_395102.htm
