Article

2008-04-20 Europe

Authorities lose patience with collapsing dollar

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Posted by tipper 2008-04-20 04:30|| || Front Page|| [11128 views ] Top

#1 George Soros, the hedge fund baron who "broke" Europe's exchange system in the early 1990s, said yesterday that the euro could never anchor of the global system. "I don't think the euro can replace the dollar as the main world currency. The euro is not a truly attractive alternative," he said.

Pence per euro

Mr Soros said the dollar would reclaim its crown eventually, but for now the financial crisis is leading to a flight from all paper currencies, causing a dash for gold, silver, and oil futures.

$50 US Dollars,
'Soros' the self described "Humanitarian of the World" will make billions off this latest Monitory 'crisis'.
Apr 10, 2008 Soros: Credit Crisis Losses to Top $1Trillion [Euros? or Dollars?]

Posted by RD">RD 2008-04-20 05:36|| 2008-04-20 05:36|| Front Page Top

#2 correction:
$50 US Dollars,
'Soros' the self described "Humanitarian of the World" will make billions off this latest ~~Monitory~~ Credit 'crisis'.

Posted by RD">RD 2008-04-20 05:38|| 2008-04-20 05:38|| Front Page Top

#3 If it hurts the EUnicks, it can't be ALL bad.

Posted by bigjim-ky 2008-04-20 07:59|| 2008-04-20 07:59|| Front Page Top

#4 He hates the dollar, he loves the dollar, I wish Soros would make up his mind. He must have taken some Forex lots on the dollar if he is talking it up now.

Posted by bigjim-ky 2008-04-20 10:15|| 2008-04-20 10:15|| Front Page Top

#5 How to stop the dollar falling?

Easy raise interest rates. Higher interest rates are happening anyway.

Posted by Bright Pebbles 2008-04-20 16:31|| 2008-04-20 16:31|| Front Page Top

#6 They bitched in the 80s the $ was too high,

they bitch when it's high, they bitch when it's low....

They wanted to be kingpin - be careful what you wish for......

Posted by anonymous2u 2008-04-20 18:28|| 2008-04-20 18:28|| Front Page Top

#7 BP's dead on. I just got 9.50% P.A. on an FDIC-insured CD. Reminded me of when Jimmuh was POTUS. Bad, bad memory...

Posted by Thaimble Scourge of the Pixies4707 2008-04-20 18:29|| 2008-04-20 18:29|| Front Page Top

#8 There's that term again - "Eurozone". Is
"EUROPE" is no longer pertinent or PCorrect vv "the -ZONES"???

NICE OF THE POLITICOS AND OFFICIOS, etc. TO LET THE MAINSTREAM = ORDINARY CITIZENRY KNOW THE WOT > WAR FOR GLOBAL ZONES. CLEARLY SUCH COURAGE, OR LACK OF SAME, MUST BE REWARDED AT GOVT = NWO EXPENSE!

*FARK.com > ...WHAT CAN POSSIBLY GO WRONG???

Posted by JosephMendiola 2008-04-20 18:40|| 2008-04-20 18:40|| Front Page Top

#9 "How to stop the dollar falling?

Easy raise interest rates. "

Bravo, BP. I have been advocating this for a very long time.

Posted by no mo uro 2008-04-20 19:22|| 2008-04-20 19:22|| Front Page Top

#10 Actually it's more complicated than that.

The fed doesn't "really" set interest rates. I think Ben B is worried because his theories aren't working.

Posted by Bright Pebbles 2008-04-20 19:33|| 2008-04-20 19:33|| Front Page Top

#11 GLOBALRESEARCH > US DOLLAR MELTDOWN BEGINS AS CHINA DUMPS THE CURRENCY, $1.4Trilyuuhn's worth into more preferred world currencies e.g. Euro, as CHINA reportedly favors STRONG CURRENCIES???

OTOH, RUMORMILLNEWS Poster > JEFF RENSE Radio SHow - Rense + Guest Pert opined that AMERS SHOULD PREPARE NOW FOR A VARIETY/NUMBER OF COMING, SIMULTANEOUS OR NEAR-SIMUL OCCURRING SEVERE NATIONAL + GLOBAL CRISES, including US-IRAN WAR after August???

Posted by JosephMendiola 2008-04-20 22:01|| 2008-04-20 22:01|| Front Page Top

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