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Thread: Dollar prepares for recovery?
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[quote=GARYKINKADE,311481]No........ To the 1st question. This is a small "hiccup" in the long downward slope of it's international value. No........ To the 2nd. question. The housing market has yet to bottom. Several prominent banks (Stateside) have already reorganized in order to avoid failure. Fannie Mae and Freddie Mac had to be bailed out by their government, i.e. financed by the taxpayers. A certain portion of the (U.S) taxpayers are in debt up to their neck with their personal finances. We are living off of the "fumes" from the past. This is definitely a pessimistic answer, but can't see it any other way.[/quote]
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