Wednesday, November 07, 2007
7 Countries Considering Abandoning the US Dollar (and what it means)
Link to full article at Currency Trading.net
It’s no secret that the dollar is on a downward spiral. Its value is dropping, and the Fed isn’t doing a whole lot to change that. As a result, a number of countries are considering a shift away from the dollar to preserve their assets. These are seven of the countries currently considering a move from the dollar, and how they’ll have an effect on its value and the US economy.
The Bush administration's Terrorist attack on the United States continues!