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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (4555)	2/28/2008 11:39:17 AM
From: Tommaso	Read Replies (2) \| Respond to of 71445

>>>The dollar looks very ugly.<<< I kind of like the looks of the new fives and tens. <G>

To: Real Man who wrote (4555)	2/28/2008 11:43:17 AM
From: Tommaso	Respond to of 71445

I get paid tomorrow in Canadian dollars (Canadian Oil Sands Trust). Go Loony!

To: Real Man who wrote (4555)	2/28/2008 6:15:06 PM
From: RockyBalboa	Read Replies (3) \| Respond to of 71445

Guys all is fine now> Bush, Fed Chief See No Recession Ahead Thursday February 28, 5:29 pm ET By Jeannine Aversa, AP Economics Writer Bush, Fed Chief See US Weathering Economic Storm; Recession Not Seen on the Horizon WASHINGTON (AP) -- The economy is in turmoil, yet President Bush and Federal Reserve chief Ben Bernanke say the country will weather the storm. Neither sees a recession on the horizon. Both Bush and Bernanke are on the front lines of the government's efforts to right an economy that increasing numbers of economists fear is on the verge of its first recession since 2001, if it hasn't fallen into one already. The housing market's collapse, a credit crisis and galloping energy prices are crimping spending and investing. Those are mighty punches to a teetering economy that nearly stalled at the end of last year. Bush and Bernanke acknowledged the dangers Thursday. But Bush, at a White House news conference, and Bernanke, in congressional testimony, seemed to strike the same hopeful note that the economy should be able to survive the fallout. "I don't think we're headed to a recession, but no question we're in a slowdown," Bush said. ... Oil prices, which have set records in recent days, shot past $102 per barrel Thursday. Pump prices rose closer to record territory above $3 per gallon, with the prospect of $4 gasoline when the busy summer driving season arrives. "That's interesting. I hadn't heard that. ... I know it's high now," Bush said during reporters' questioning. biz.yahoo.com