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post #1 of 3 (permalink) Old 03-17-2008, 09:47 PM Thread Starter
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Default Time to put a brake on the dollar's decline

The global credit crisis and the US economic upheavals that are driving it appear to have entered a new, more dangerous phase.

Last week's relentless spate of tribulations for the world's financial markets, culminating in an emergency bailout of Bear Stearns, the stricken investment bank, marked a scary escalation of events.

Little wonder, then, that the markets are pinning their hopes on tomorrow's meeting of the Federal Reserve for some respite from the deluge of grim news, and a further restorative dose of interest rate cuts.

Posted by: Gary Ducan, Economics Editor, The Times.
http://business.timesonline.co.uk/tol/b ... 564485.ece

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post #2 of 3 (permalink) Old 03-18-2008, 08:35 AM
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Default Re: Time to put a brake on the dollar's decline

All these experts have their different thoughts on the economy and it seems as if none want to mention that our economy is entirely controlled by a small group of men who meet regularly under the banner of "OPEC."



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post #3 of 3 (permalink) Old 03-26-2008, 01:11 AM
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Default Re: Time to put a brake on the dollar's decline

I know I'm moveing my retirement outta the $$$$$$

2001 original Pearl....

Livin the dream..........
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