Thursday, April 14, 2011
El Dollar?
According to The Fed the Dollar could be facing imminent collapse in the coming months if the spending cap isn't raised. The bond raiders could get nervous and pull out causing a sudden drop in an already weak dollar. This would have a crippling and even a devastating effect on an already wobbly economy. We definatley are entering into uncharted territory now that QE I & II are ending. Is there going to be a QE III & IV? Or maybe just like the Great Depression we will get into a World War and the economy will boom.
I heard the Middle East is getting a little wild.
Lets wait and see.
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