Tuesday, March 22, 2011

End of the Dollar is Nigh

A lot of economic data going just under the radar, including the fact that Japan was a large holder of dollars and is cashing them in to spend money at home, plus China has been busy buying commodities with their dollar holdings, as they see a ton or three of steel worth more than a pile of worthless paper:


Plus the Federal reserve may never get time to undertake further weakening of the dollar with its quantitative easing III, as the hounds are at the door, howling for more accountability:


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