Dollar to Hit 50 Yen, Cease as Reserve, Sumitomo Says
The dollar may drop to 50 yen next year and eventually lose its role as the global reserve currency, Sumitomo Mitsui Banking Corp.’s chief strategist said, citing trading patterns and a likely double dip in the U.S. economy.
• U.S. Stock Markets Disconnected from Reality
• The Ongoing Cover Up of the Truth Behind the Financial Crisis May Lead to Another Crash
While early autumn snowstorms aren’t uncommon in US weather history, they tend to be quick affairs that melt off quickly in a day or two.
• Lindsey Graham tagged as a ‘traitor’ for backing climate change legislation — those angry tea-party protesters are back
• Global Warming Vanquished, Vows To Return
• The Top Ten Reasons why I think Catlin Arctic Ice Survey data can’t be trusted