While Dubya was trying to find some friends in Latin America, the G20
meeting on the dollar was near collaspe!
It is reported that the Euro could now go to 150 for the dollar!
Americans are slowly becoming A GLOBAL PAUPER CLASS because of the
weak dollar!
Frankly, I don't know why anyone would hold the dollar now. Even
Greenspan admitted as much in Germany on Friday: IF YOU'RE NOT HEDGED
FOR A DOLLAR DECLINE, YOU MUST WANT TO LOSE MONEY.
Probably the best investment anyone could make at this time is a bet
against the dollar!
Hmmm......I wonder if I could pay my electric bill in Euros?
Nah....well at least the dollar does have one natural constituency
left! THE AMERICANS!
BUT CHINA, JAPAN, EUROLAND AND ALL OF ARABY COULD BE BETTING AGAINST
THE DOLLAR NOW!
GREENSPAN AND THE G-20 HAVE SPOKEN!
