Aug. 19 (Bloomberg) – Pacific Investment Management Co., which runs the worldâ??s biggest bond fund, said the dollar will weaken as the U.S. pumps â??massiveâ?? amounts of money into the economy.
The dollar will drop the most against emerging-market counterparts, Curtis A. Mewbourne, a Pimco portfolio manager, wrote in a report on the companyâ??s Web site. The greenback is losing its status as the worldâ??s reserve currency, he said.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aLW8jvysIe5k
Hmmmm…we’re destroying our currency, running up unimaginable debts, the Obama White House is collecting email addresses like Big Brother and trying to ruin the best healthcare system in the world. States are legalizing homosexual marriage (hence destroying the meaning of marriage) while their budgetary collapse closes down cities and states…
Chime in Lixy and all the others…we want to know if you’re happy.