Re: Expert Warns of Economic 9/11 for U.S.
 

On Thu, 22 Jun 2006 20:34:36 GMT, info@investinginfo.com wrote:

>
>Expert Warns of Economic 9/11 for U.S.
>
>There's an economic storm cloud brewing on the horizon; one that will sink millions of middle class Americans into poverty and the economy into financial chaos. And the flailing US dollar is to blame.
>
>Unfortunately, few Americans are aware of the train wreck ahead.
>
>So says Clyde Prestowitz, president of the Economic Strategy Institute, a Washington think tank, and author of the new book Three Billion New Capitalists.
>
>Out touting the book, Prestowitz says that, for millions of Americans, the bulk of their investments, their life savings and their assets are tied up with the dollar-like an iron chain to a
>two-ton anchor. And right now, the US dollar is the most widely-held financial asset in the world. But it is also the most dangerously overvalued asset in the world. And one of the worst
>
>full article here:
>http://www.leg2capital.com/economic_911.html


he's probably right