Posts Tagged ‘ depreciating dollar ’

Goldfinger? Bofinger!

Nov 27th, 2007 | By Adrian Ash | Category: Currencies
YOU THINK YOU'VE HEARD IT ALL BEFORE. But then some idiot comes along and stops your heart. “In the current weak dollar situation,” said German economist Peter Bofinger to Der Spiegel last week, “[a treaty should be signed by the central banks of] China , South Korea, Japan, Russia, and other ...read more


A Crisis to Shatter the Whole World

Nov 20th, 2007 | By Adrian Ash | Category: Currencies
“He that diggeth a pit shall fall into it.” — Ecclesiastes 10:8 THE FRENCH PRESIDENT, NICOLAS SARKOZY, was in Washington earlier this month, speaking to Congress en Français and telling the United States to stop dumping dollars and risking a global financial crisis. Ooh la la! Sounds just like old times... “The dollar cannot ...read more