whatever it takes
The Looming Dollar Crisis
The dollar is in trouble. With global good will toward America at an all time low, the Bush administration is continuing to run the country into record deficits. Last year, Americans borrowed 80% of the world’s savings to buy stuff. To top it all off, our houses are worth less and less, and interest rates are bound to rise. Tom Friedman says we should get ready for the perfect storm.
| Print article | This entry was posted by Warren on March 7, 2005 at 7:19 am, and is filed under Uncategorized. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
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