The weaking Eurozone economies are actually strengthening the dollar. The is part of the reason you see prices in Oil falling.
Uploaded: Sep 15, 9:35 AM
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Sep 15, 2008
trapforfools:
Poor research. This graph is dated just after the government bailout of FreddieMac and FannieMae bank giants which created a false reversal (causing the dollar to accumulate fake value). Dollar crashed yesterday and stocks crashed today ($600 billion disappeared from the market, I believe that makes it the worst crash since the 90s scare). Check out nytimes, Bloomberg, goldseek. And you're right, this may turn out to be a global issue. But you must open your eyes and see that America may undergo some changes. If you are blind to that, then you can't be ready for what may happen.
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Sep 15, 2008
trapforfools: Poor research. This graph is dated just after the government bailout of FreddieMac and FannieMae bank giants which created a false reversal (causing the dollar to accumulate fake value). Dollar crashed yesterday and stocks crashed today ($600 billion disappeared from the market, I believe that makes it the worst crash since the 90s scare). Check out nytimes, Bloomberg, goldseek. And you're right, this may turn out to be a global issue. But you must open your eyes and see that America may undergo some changes. If you are blind to that, then you can't be ready for what may happen.
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