Thursday, February 14, 2008

More Dollar problems

Depression Risk Might Force U.S. To Buy Assets

By John Parry

Fear that a hobbled banking sector may set off another Great Depression could force the U.S. government and Federal Reserve to take the unprecedented step of buying a broad range of assets, including stocks, according to one of the most bearish market analysts. Continue

U.S. deficit running at twice last year's: Federal spending also rising at faster pace than last year

U.S. mortgage crisis spreads beyond subprime loans: As the world's largest economy grapples with the worst housing slump in two decades, people with good credit histories are falling behind on house payments, auto loans and credit cards at an accelerating pace.

Iran To Launch Oil, Gas Exchange Feb 27


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