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A Dollar Crash Will Have Disastrous Implications for Global Financial Markets

The dollar’s slump is of great and immediate concern because, while the dollar has been slipping only gradually in the recent past, the rate of decline has picked up momentum. A dollar crash will have disastrous implications for global financial markets. At the end of 2001, the euro was worth $ 0.8915, but it has been on a steady upward march since then…

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