US Dollar Set to be Major Casualty of Hank Paulson's Bailout

US dollar set to be major casualty of Hank Paulson's bailout “This may prove to be the dollar’s epochal moment – the moment historians look back at as its major turning point.” By Edmund Conway Last Updated: 10:47PM BST 22 Sep 2008 Comments 108 | Comment on this article The dollar could be at a major turning point Photo: AP Whether or not tomorrow’s accounts of today’s turmoil prove David Owen of Dresdner Kleinwort right; whether or not this is the beginning of the end of the dollar’s pre-eminence in the world’s central banks and foreign exchanges, the economic landscape...

Read More...

[Source: Latest Articles - Posted by FreeAutoBlogger]

No comments: