Latest events in the United states on a Wall Street showed us that no one is immune against economical problems. I cannot say that USA has economical problems but we can see what has happened to the best bank in the States. There was a reason for this phenomena. This possibly can lead to other problems not only in the USA but in Europe too.
It is necessary to point out that the value of dollar is dramatically low. You think its not important? I think it is very important for the whole world. The value of the dollar decreases leading the way markets of the world and increasing inflation. Looks like all the world has problems on that account. For example, in 1913 a stuff which was priced one dollar you can purchase the same stuff for more than 21 dollar today.
The value mostly decreased in the last 4 years and as I know the index of the dollar value decreased more than 15 percents in 2003. Looks like it was long time ago but nothing has changed because the dollar is worthy over and over less. You can read more about financial troubles on a Wall street.
Related posts:
Oct 12, 2008 at 08:36:03
absolutely enjoyed bumping into your blog post!