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Monday, November 12, 2007

Alarm: China signals flight from dollar

U.S. reliance on credit will have a devastating effect on the economic stability of the U.S. Dollar, resulting in critical damage to the U.S. economy. A return to the days of high inflation and recessions not seen since the mid 1970’s is impending. Loss of faith in the Dollar by the economies of the world will hasten the devastation.

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