U.S. Dollar Continues Fall -- Record Low = $1.4348 / Euro

U.S. Dollar Continues Fall -- Record Low = $1.4348 / Euro

www.allheadlinenews.com

The U.S. Federal Reserve could also hurt the dollar's worth abroad if it decides to issue another interest rate cut when the board meets at the end of October.

Meanwhile, as European nations within the Eurozone continue to cut back on budget deficits, the European Central Bank (ECB) has maintained its interest rate and kept its currency stable.

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What's interesting about this is the treasury had a chance to get the G7 to help bring the dollar back to life -- the U.S. didn't bite.

And they constantly talk a "strong dollar" while begging China to adjust currencies -- they won't, for years the U.S. has asked and for years they decline. (smart move for their country)

Obviously, the powers that be are out to destroy the U.S. anyway possible. The housing collapse still hasn't totally been uncovered around the globe, let alone the U.S. -- and this is 'record' lows? Ain't seen nothing yet. . . .

U.S. deficit = $9trillion
Iraq Quagmire = $462billion

The home foreclosure doesn't 'count' until the home is resold -- starting to understand how this will implode the U.S. economy soon.

www.allheadlinenews.com
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