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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (360172)11/26/2007 7:08:45 AM
From: Road Walker  Read Replies (1) | Respond to of 1575859
 
"the combination of low interest rates, twin deficits and oil prices are killing the dollar."

Yep. And it will only get worse if they move away from trading oil in dollars.


Yep again. The price of oil doesn't have the same impact in a lot of the world because they are paying in cheap dollars. If we suddenly had to pay for oil in Euros we would be in even bigger trouble.