Monday, March 28, 2005

A blend of risks makes dollar's outlook grim

I've said it before: the twin deficits of our ballooning trade imbalance and our domestic budget deficit brought on by wacky tax cuts for the richest 1% will bring disaster to our country. It will happen within Bush's term, which he had hoped to push off on the next administration. History is now for Mr Bush.

International Herald Tribune: A blend of risks makes dollar's outlook grim:

"Is the writing on the wall for the U.S. dollar? Researchers at one big fund manager say it is, but the markets haven't read along just yet."

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