Wednesday, October 14, 2009 by paperlady61
whazup? I'm watching the financial channel,CNBC, just to see what they have to say about the state of our economy. Just as there was debate over whether or not we were in a recession there is debate over whether or not the recession has ended. The stock market is used as a barometer on the economy but that is only a small part of the overall situation. The dollar is sinking against other currencies and some countries are moving away from the dollar as a reserve currency. Some of the analysts ask the question-where are they going to go? No one else has the amount of currency to replace the dollar. I feel that the days of dollar supremacy are over but will replace it is anyones guess. The United States holds a unique place in world power and history. I wish that I could come back a hundred or a hundred and fifty years from now to see the state of the world.
