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

To: roguedolphin who wrote (38730)	5/31/2011 7:52:06 AM
From: Giordano Bruno	1 Recommendation Respond to of 71477

U.N. sees risk of crisis of confidence in dollar ...This trend, it said, had recently been driven in part by interest rate differentials between the United States and other major economies and growing concern about the sustainability of the U.S. public debt, half of which is held by foreigners. "As a result, further (expected) losses of the book value of the vast foreign reserve holdings could trigger a crisis of confidence in the reserve currency, which would put the entire global financial system at risk," it said. The 17-page report referred at another point to the "still looming risk of a collapse of the United States dollar." reuters.com