The falling U.S. Dollar … is it a good or bad event? A dropping Dollar is considered an advantage for U.S. firms that trade internationally. But, could a falling Dollar turn into a U.S. confidence crisis? The answer is Yes. While a falling Dollar is good for U.S. exports, there is a point where a [...]
Put the U.S. Dollar on your radar screen, now.
April 25, 2011 By
FYI for this week: “Put the U.S. Dollar on your radar screen”. Zhang Jianhua, the head of research at the People’s Bank of China is getting very nervous now. His concern? The U.S. Dollar and the $1.15 trillion of U.S. Treasuries that China owns. His specific concern is that the U.S. Government’s debt could run [...]
