November 28, 2010

WE CAN'T POSSIBLY GENERATE AS MUCH DEBT AS THE WORLD ECONOMY NEEDS US TO:

Dollar Recaptures Its Safe-Haven Role (DON CURREN, 11/28/10, WSJ)

The U.S. dollar is recapturing its role as the primary safe-haven currency, eclipsing the yen and the Swiss franc, as tensions in Korea and Europe escalate.

That re-emergence as the ultimate sanctuary for those fleeing risk will likely result in continued strength against its major rivals in the next few weeks, analysts expect.

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Posted by Orrin Judd at November 28, 2010 2:51 PM
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