Dollar Falls Broadly on Record Trade Gap
The looming economic collapse of the USA is becoming closer each day. These alarming statistics of the ever growing trade deficits, in sharp contrast to Germany and Japan which are recording records surpluses, bring America that much closer to a total collapse of its currency.
Rather than a weakening dollar help correct the trade deficit, it has only made it worse. The time is rapidly approaching when America will now longer be able to raise credit from the rest of the world, and like Argentina but worse, suffer total economic collapse.
Bruce P.
http://channels.netscape.com/ns/pf/story.jsp?floc=FF-RTO-robtz&idq=/ff/story/0002%2F20040813%2F1953141823.htm&sc=robtz
Rather than a weakening dollar help correct the trade deficit, it has only made it worse. The time is rapidly approaching when America will now longer be able to raise credit from the rest of the world, and like Argentina but worse, suffer total economic collapse.
Bruce P.
http://channels.netscape.com/ns/pf/story.jsp?floc=FF-RTO-robtz&idq=/ff/story/0002%2F20040813%2F1953141823.htm&sc=robtz
Starmail - 14. Aug, 15:24