Tuesday, October 20, 2009

The Fall of Dollar- The Economist Oct 20th 2009

I wrote my view on the subject above, today in response to growing concern about US economy.

It seems the fall or rise of dollars, at this stage means little to millions of jobless.
However, a continued cause for concern to all is the rising deficit, along side skyrocketing numbers of the unemployed. I would like to see the issue of unemployment tackled, just as the health care reform is being tackled.
The rise and fall of currencies also portends business for many on the forex markets and other investors.It remains to be seen if China and Russia would find safer havens for their investment.
Obama administration has its work cut out. Check out www.bankole-hameedshehu.com

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