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!
- Frank


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