Wednesday, July 22, 2009

Dollar to fall much more

Louis Navellier, editor of Emerging Growth, tells why the dollar could go straight down and what that could mean for the US economy and stock market.


Anonymous said...

I am scared. WE deserve it but the children don't.

Willy2 said...

One question: When was this video made ? The EUR/USD is currently at 1.42 but in the video there's talk of a EUR/USD rate of 1.35.

Randy said...

Video was posted to Youtube on 20 July, but link to source shows that it was created on 25 June

jerry said...

What is clear is that China is deeply in a development bubble and housing bubble with housing prices rising weekly by 1-3%. China has solely risen the global GDP in spite that global contraction is occurring. Spending is slowing down, therefore, China will have over supplies of goods forcing down prices, which will lead to unemployment and housing foreclosures.

A further fall in the dollar's value will occur.

It is just a matter of time.

Anonymous said...

As many writers/posters/bloggers now point out, don't EVER think this tremendous debt will be something that generations after us will have to face and that we won't.


The future in NOW folks. The S... is NOW starting to hit the fan.