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2007-09-20 Home Front Economy

Fear of dollar collapse as Saudis refuse interest rate peg

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Posted by lotp 2007-09-20 00:00|| || Front Page|| [4 views ] Top

#1 Great...the dollar's in the toilet. That's been one of our major strengths since WWII, and now it's gone. Freaking wonderful, thanks a lot guys. Once they get off the dollar, they ain't ever coming back.

Posted by gromky 2007-09-20 03:04|| 2007-09-20 03:04|| Front Page Top

#2 Of course we see above that the Chinese are facing inflation problems with their economy. How can the Euro be truly strong when the European economic productivity is so mediocre? Is all of this currency maneuvering just political manipulation - putting the US in its 'place'?

Posted by Glenmore">Glenmore 2007-09-20 07:59|| 2007-09-20 07:59|| Front Page Top

#3 Saudi Arabia has refused to cut interest rates in lockstep...

Educate me. I thought it was against Islamic law to engage in usury so how do you charge 'interest' and remain 'Islamic'?

Posted by Procopius2k 2007-09-20 09:02|| 2007-09-20 09:02|| Front Page Top

#4 The powers-that-be in Saudistan are only as "Islamic" as is convenient for them.

Posted by Anguper Hupomosing9418 2007-09-20 13:11|| 2007-09-20 13:11|| Front Page Top

#5 If Soros's ~~Number Two~~ henchmen are not in favor, it prolly means it's in America's best interests.

Posted by Frank G on the road">Frank G on the road 2007-09-20 14:08|| 2007-09-20 14:08|| Front Page Top

#6 Yep Frank, "dollar collapse" is pure Hyperbole.

Fact: Soros made his money by causing instability, famine and chaos. But he's a Liberal so he's not evil like Murdoch is, the Media Giant is who hasn't robbed a mouthful of rice from even one starving peasant mouth like Soros has.

Some American Liberals are so sick with the disease that they would celebrate if Sorros made another fortune capitalizing on a currency swing and America slid into a recession.

Keep Smoking Pot Soros Acolytes!

Posted by Red Dawg">Red Dawg 2007-09-20 15:28|| 2007-09-20 15:28|| Front Page Top

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