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  • Implications of a 'Failed Detroit' Are Hurting the Dollar
    The reality is that bankruptcy is the road for a strong auto industry. This would be a reorganized Detroit and the foreign manufactures in the United States. Combined they will be a powerful industrial component.

    Alas, this reality is not the short term perception and may, short term, influence the dollar in a negative manner.

    It is ironic that the United States was a main cause of this world wide mess yet may come out stronger than ever. The EU will remain weak for a long time saving the power of the dollar. This will give Washington time to put it's debt in order.

    Under Obama, with his expensive spending plans, may kill this. We shall see.
    Dec 12 08:27 am |Rating: 0 0 |Link to Comment |View article
  • G-20 Summit: A New World Order?
    The sorry truth is not one member of the G-20 is going to agree to anything of substance. Countries like Brasil want hand outs even though they have large dollar and € reserves.

    In truth all the currencies are heading to zero value. None of us will like it and many will suffer but depression is the answer.
    Nov 13 10:15 am |Rating: 0 0 |Link to Comment |View article
  • The G-20 Sings a Song of Sixpence
    The IMF lost any meaning for decades and is still around. Useless and best know for pasture and reward for political hacks and people needing a line on their resume.

    If every country is near broke where will this IMF get the money to shore up Iceland, Russia, etc.?

    This crisis lacks anyone who really understands what is going on and who has the following to push a solution through.
    Nov 13 10:04 am |Rating: 0 0 |Link to Comment |View article
  • How Will an Obama Administration Affect the Dollar?
    The world financial community must be daft to buy our notes and bonds. They must be aware they are as valuable as Tsarist Bonds. We have betrayed our trust as sellers of these instruments. Perhaps the money in the rest of the world is even more worthless? Could be (it is!)!

    The game will go on for awhile. Then the new Marxist president will start spending on a grand scale and the world will finally note that we are broke but have superior printing machines.
    Nov 06 11:26 am |Rating: 0 0 |Link to Comment |View article
  • A Surprise in Store for the Dollar?
    I don't get it. This author and many others keep talking about a dollar upraise. It never happens. Why do they keep on saying it? One has to start saying there is something going on here. What?
    Jul 12 15:54 pm |Rating: 0 0 |Link to Comment |View article
  • Wednesday Currency Roundup
    I well understand that all USD stories compare it with € and GBP. However, I wonder why the most powerful currency in world the R$ of Brasil is never never mentioned.
    Please advise.
    Thank you for great columns.
    Jun 12 11:38 am |Rating: 0 0 |Link to Comment |View article
  • Table Set for U.S. Dollar Intervention by World Banks
    It said over and over that the United States wants a weak dollar. Well let me tell you that Weimar also wanted a weak Mark. They got it and a whole lot more.
    Mar 21 13:01 pm |Rating: 0 0 |Link to Comment |View article

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