The Dollar Crisis is spreading Worldwide and fast.Submitted by aVoiceof Reason. on Mon, 04/14/2008 - 19:15
Many countries of the world trade with the U.S. dollar. These countries, many of which are poor, rely on a stable dollar in order to afford even basic necessities such as food. As a result of the dollar's loss in value (caused by FED policies, debt, and printing too much) many countries can't afford certain resources.
In the last few days, Haiti, Pakistan, Indonesia, Egypt and other countries are all experiencing food riots. The people in these countries can't even afford to buy food, the merchants can't afford to buy food to sell, as a result they can't make enough profit to run their businesses and feed their families.
You won't hear about these events on the news. Google it if you're interested.
How long before the chaos reaches full swing here in America?
One thing's for sure... this depression will effect the entire world.
Amazing... CNN has an article on the front page of it's website: