Monday, August 8, 2011

Dollar Instability Shows up at Wall Street

When a country sacrifices its currency (through uncontrolled printing) to sustain uncontrolled spending, ultimately commerce itself is threatened. Note also in this article that Europe is announcing more bailouts for sovereign debt. It is working out so well, why not keep it up?
US debt downgrade slams stocks- MSN Money: money.msn.com/market-news/post.aspx?post=956ae416-...4e714
http://chumly.com/n/afb3c9

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