UN team warns of hard landing for dollar

[Phred42]

Heads UP!
As HArtmann just pointed out - this is why Cheney is holding NONE of his wealth in US Dollars

UN team warns of hard landing for dollar
http://www.ft.com/cms/s/12eab3b4-bf06-11dd-ae63-0000779fd18c,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F12eab3b4-bf06-11dd-ae63-0000779fd18c.html&_i_referer=http%3A%2F%2Fwww.thomhartmann.com%2Findex.php%3Foption%3Dcom_content%26task%3Dview%26id%3D19%26Itemid%3D41

The current strength of the dollar is temporary and the US currency risks a hard landing in 2009, according to a team of United Nations economists who foresaw a year ago that a US downturn would bring the global economy to a near standstill.

In their annual report on the world economy published on Monday, the economists said the dollar’s sharp rebound this autumn had been driven mainly by a flight to the safety of the international reserve currency as the financial crisis spread beyond the US

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Hard landing fears hit dollar
http://www.ft.com/cms/s/fcee46b0-816e-11db-864e-0000779e2340,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Ffcee46b0-816e-11db-864e-0000779e2340.html&_i_referer=http%

The dollar fell further on Friday as weak US economic data heightened investor fears that the country’s economy could be heading for a hard landing.

The latest sell-off, which was particularly sharp against the euro and sterling, came after data suggested US manufacturing contracted for the first time in 3½ years in November.

[northernlights]

1. geez, if I had some extra $$

I'd turn'em into something else.

As it is, I should run out of $$ right around when they come tumblin' down.