“When the dollar went up, the markets went down”
Published: 07 June, 2009, 09:21
The US is the biggest economy in the world, and if the blame for the global economic crisis is put on the US, it is put on the centre of the financial world - it is the same thing.
Is it just me or is this guy a clone of David Rockefeller, same voice and looks very similar, I think he is saying what he believes to be the truth, however I also think that the problems are far worse than he understands or is willing to admit. The answer to this economic crisis is to quit wasting money, limit the size and scope of government, and stop giving special rights to favored programs and groups within the military/industrial medical/pharmaceutical interests, only a free market can determine what jobs we should have and what is worth doing, informed consumers also play a very big role.
I've watched with interest as the US$ started really going up in value. Seems like it started on the eve of the last Olympics and another world event we're all familiar with. I'm just the average guy, but it seems to me that a lot of the "strong dollar" campaign has been aimed at Opec and Russia in an attempt to push down the price of oil. Crude oil is still valued in US dollars.