Saturday, Aug 09, 2008

The International Monetary Fund says the dollar has fallen 25pc to 30pc on a global basis, just as it did in the late 1980s. There was no shortage of dollar doomsters at that time, warning that America was finished - left behind by Japan and Germany. Even

telegraph: US dollar rallies as extent of worldwide recession becomes clearer

the Habsburgs used to say, "the situation is desperate, but not serious".

Posted by big chris @ 07:24 AM (128 views) Add Comment

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