Thursday, 13 September 2007

US Dollar Dumped as Recession Fears Mount.

http://www.marketoracle.co.uk/Article2098.html
Money market investors are Dumping the dollar as the US slides into recession. The US stock market is weakening as the mortgage crisis continues and financial institutions face solvency issues brought about by the liquidity freeze. There is simply have too much debt that can't be rolled over and refinanced. Too much debt that can't be paid off. More big time bankruptcies coming up soon ...

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