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2007-11-29 Arabia
Gulf Countries Face the Dollar Peg
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Posted by anonymous5089 2007-11-29 10:48|| || Front Page|| [6 views ]  Top

#1 Euro at introduction $1.18/1, low $0.82, today $1.47

At low euro depreciated 31% from Euro into.
Today dollar depreciated 20% from Euro into.

Back then no oil sheiks were complaining that the dollar was too high. They were buying sliver clad Mercedes instead. So another 10% depreciation if you please.
Posted by ed 2007-11-29 19:20||   2007-11-29 19:20|| Front Page Top

#2 RENSE > THE IMPENDING DESTRUCTION [COLLAPSE] OF THE US ECONOMY, + IMF PREDICTS "PERFECT STORM" WORLDWIDE RECESSION, + AMERICA IN TIME OF EMPIRE.
Posted by JosephMendiola 2007-11-29 21:03||   2007-11-29 21:03|| Front Page Top

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