Thursday, May 19, 2011

US dollar doomed as commodities skyrocket

This only scratches the surface. Problems are coming fast and furious right now. Even compliant Americans are getting fed up. When is the American Spring?

Text with below video:

Uploaded by on May 19, 2011

Economic ministers are meeting in Argentina this week to discuss the volatile nature of the commodity market. As prices continue to skyrocket, the World Bank says the global economy will find a light at the end of the tunnel of today's financial crisis. At the same time, however, the World Bank says the US dollar's dominance will be done by 2025. Harper's Magazine Contributing Editor Frederic Kaufman says new players in the money game need to stop treating the commodity market like the stock market if they want the volatility to cease.

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