16 November 2008

The Massive Ticking Time Bomb

Issues about currency and their valuation relative to other economic indices are often difficult to understand, let alone explain. The information in this rather lengthy article does about as a good a job as possible in trying to overcome those obstacles. It also provides a good historical review of why past currency agreements were made, and why another one is all but necessary very soon given the current and ongoing economic downturn .
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http://www.tnr.com/politics/story.html?id=16872fed-798c-476b-a6c4-303923cd6388&p=1
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