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| − | ==The declining dollar==
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| − | Nov 2004 : The dollar has recently moved against say the Euro from 0.8 EUR/USD to 1.34 EUR/USD. Against a basket of major currencies the dollar has fallen 27% or so (depending on the definition of major currencies), and perhaps 12% against "all" currencies.
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| − | In relation to commodities the dollar is also at a record "low", such as [oil] (48$) , [gold] (450$/oz.).
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| − | Paul Volcker (the ex-fed chairman) thinks there is a 75% chance of a currency crisis in 2005.
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| − | What does this mean ?
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| − | Does Bush administration have anything to do with it ? Should they do anything about that ?
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| − | 2006 : Anyone up for some more recent comments here ?
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Revision as of 20:52, 16 December 2008
orlico
FIELD_MESSAGE_riclipasdard
