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 |
All times are GMT -4. The time now is 02:06 AM. |
© 2024 MH Sub I, LLC dba Internet Brands