Thursday, September 10, 2009

The U.S. Dollar Collapses as Commodities, Stocks and Foreign Currencies All Rise

If the dollar collapses, then our country's economy will be in a complete freefall. Forbes is reporting that the U.S. dollar has collapsed in on itself like a neutron star.

The U.S. dollar reached its lowest point against the euro this year due to a myriad of forces including rising global stocks and commodities prices, low interest rates, and investors diversifying out of Treasury debt and into other assets including U.S. stocks with the Dow Jones industrial average approaching 9500 in late afternoon trading...

The Dollar Collapses - Forbes.com

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