Wed 7 Nov 2007
7 Countries Considering Abandoning the US Dollar (and what it means)
Posted by k under FinanceNo Comments
By Jessica Hupp www.currencytrading.net 11/06/07
It’s no secret that the dollar is on a downward spiral. Its value is dropping, and the Fed isn’t doing a whole lot to change that. As a result, a number of countries are considering a shift away from the dollar to preserve their assets. These are seven of the countries currently considering a move from the dollar, and how they’ll have an effect on its value and the US economy. (more…)