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Société Générale tells clients how to prepare for 'global collapse' - Telegraph
"Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction. "
FT.com / Currencies - Asia steps in to support dollar
"Asian central banks intervened heavily in the currency markets on Thursday to stem the appreciation of their currencies against the US dollar amid fears that their exports could be losing ground against China."
The actuall origins of America's Currency Symbols
Resolved, that Dr. Franklin, Mr. J. Adams and Mr. Jefferson, be a committee, to bring in a device for a seal for the United States of America.
Iran's Ahmadinejad says oil price artificial
This Iranian whacko needs to be removed by the Iranian people before this whacko begins a word war.
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Ahmadinejad also said "certain powers" were keeping an artificial oil price to "fund the costs of their wars and occupations and to justify investments to exploit new sources of energy at the bottom of the oceans, at the poles and elsewhere."
Beijing and Riyadh will call the shots on ailing dollar's future - Telegraph
The currency competition is on...isn't it? Well fear not because America came out on top when Japan began buying America up awhile ago; remember?
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the US currency has started to strengthen - with the
markets talking about a "turning point". On Wednesday, the
dollar reached a six-week high against the European single currency,
closing in on $1.53 - an improvement of more than 5 cents. -
freefall? That would plunge America beyond recession and into
depression - - 1 more annotations...
Authorities lose patience with collapsing dollar - Telegraph
Falling dollar is a winner for America says Woo and Soros
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Mr Juncker warned that matters could get out of hand unless America took steps to halt the slide in the dollar.
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Mr Soros said the dollar would reclaim its crown eventually, but for now the financial crisis is leading to a flight from all paper
- 2 more annotations...
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