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Market Oracle: US Dollar Crisis Not Oil Crisis

Market Oracle: US Dollar Crisis Not Oil Crisis “The reality is that after years of reckless consumption and dollar debasement, Americans are now being priced out of markets over which they formerly held unchallenged title. As more affluent foreigners consume more of the resources and products they previously supplied to us, Americans are being forced to cut back. The rising dollar-based price of gasoline is simply an illustration of this global trend. ”

Original post by sold 2 rent 1

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This entry was posted on Monday, May 26th, 2008 at 6:58 am and is filed under Housing. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback

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