The Dethroning of the U.S. Dollar Will Happen Sooner Than You Think

Posted on November 4th, 2009 in Brazil, Chicago, China, Coca-Cola, France, GE, Global Reserve Currency, India, Japan, KO, Middle-East, NY, New-York, OIL, Russia, Shanghai, US Dollar, Uncategorized, WMT, WalMart, dethroning , , , , , , , , , , , , , , , , , , , ,

By now virtually every investor has heard the argument that the U.S. dollar is slated to lose its status as the global reserve currency. And that’s good – as far as it goes.

What’s bad is that many of these investors have yet to latch onto the fact that this could happen much sooner than many people realize and in a manner that will catch most by surprise.

Published by Bapcha Murty // 1 Comment »

Obama’s Financial System Overhaul Would Give the Fed Broad Powers Over Wall Street

Posted on June 22nd, 2009 in Dollar, Federal Reserve, Obama, Reserve Currencies, US Dollar , , , ,

U.S. President Barack Obama took a swipe at Wall Street yesterday (Wednesday) as he unveiled a sweeping 85-page proposal to reinvigorate government regulation of the U.S. financial markets by giving the Federal Reserve new powers to supervise the economy.

More on this topic (What's this?)
Quote of the Day — Obama’s Tragic Flaw
Obama, the Comedian
Read more on Obama's Presidential Policy, Federal Reserve at Wikinvest
Published by Bapcha Murty // 1 Comment »

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