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Are We Stuck With the Dollar?

News Link  •  Dollar Meltdown The

Are We Stuck With the Dollar?


10-27-2009  •  The Independent Institute 
A weak dollar means the U.S. can liquefy its debts and boost exports but, in the long term, the dollar’s demise does not help the U.S. one bit and the world may well be stuck with it. 
Read Full Story
Reported by Mike Renzulli
Attorney For Freedom
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The Key to Investing in Uncertain Times
Melinda Pillsbury-foster

Comments in Response

Comment by: jimbo (#024814)
   Entered on: 2009-10-27 14:36:50

 IN 1945 THERE WERE ONLY TWO COUNTRIES WITH MONEY  EUROPE WAS IN COMPLETE DEVASTATION AND  BANKRUPT. tHE ABABS GOT TOGETEHR WITH USA AND ORGANIZED THE WORLD CURRENCY CORRECTLY TERMED PETRO DOLLARS.  AMERICAN TAXPAYER DOLLARS VIA THE MARSHALL PLAN RESTORE EUROPE TO ITS FEET AND IN THEIR GREAT WISDOM DECIDED A COMMON MARKET CONCEPT WOULD UNITE THEM.  NEXT WITH PROSPERITY AND TRADE BASE, THEY ACCEPTED THE EURO UNION.  THEN THEY ORGNIZED INTO THE EURO DOLLAR...... A CHALLENGE TO WORLD CURRENCY.  THE MUSLIMS BECAME ANGRY AT USA FOR AID AND COMFORT TO ISRAEL, PULLED OUT OF PERTO DOLLARS AND JOINED EURO DOLLARS.  THUS LEAVING USA ALONE AND STARVING. THE U S DOLLAR IS WORTHLESS AS EVERYONE BUT HEAD IN THE SAND AMERICANS REALIZES USA IS BANKRUPT WITH 2 BILLION DOLLARS A DAY INTEREST PAYMENTS ALONE ON NATIONAL DEBT THANS TO DEMO/LIBERAL/SOCIALIST PHILOSOPHY OF BORROW-AND-SPEND (AFTER ALL WE ONLY OWE IT TO OURSELVES.) WAKE UP AMERICA IT MAY ALREADY BE TOO LATE!!!

Tags: dollar, economy
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