All Posts Tagged With: "dollar demise"

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Three Scenarios That Could Cause a Sudden Drop in the U.S. Dollar’s Value

1. Foreign countries drop their U.S. dollar reserves. We depend on foreign investment in our currency to bolster its value or, at least, to slow down its fall. When that thinly held balance changes, our dollar loses its spending power. At a November 2007 meeting of the Organization of Petroleum Exporting Countries (OPEC)’s 13-member cartel, Iranian President Mahmoud Ahmadinejad…

April 23rd, 2008 | Addison Wiggin | 5 comments | Continued
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