Thu, Apr 24, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Dollar’s role as world’s leading reserve currency may be at risk

Posted on 17 October 2013

Remember the last time the country came to the brink of default? It was August 2011. For the first time in history, Standard & Poor’s, the ratings agency, downgraded US government debt.
“The effectiveness, stability, and predictability of American policy making and political institutions have weakened at a time of ongoing fiscal and economic challenges,” it said. Investors around the world rushed to find a safe place to put their money………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34673 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930