Friday, November 28, 2008

The Dollar and the Great De-Leveraging

In view of the economic crisis facing global markets, the recent strength of the U.S. dollar has confounded analysts. The global economic problems started with the US, so one would assume the collapse would bring the dollar down as well. But this hasn't happened, as of yet. The explanation can be found in a financial concept known as deleveraging.

read more | digg story

No comments:

12-24-2024

  Greenland tells Trump it is not for sale US consumer confidence drops unexpectedly to near-recession levels ahead of Trump's 2nd term ...