De Dollar

De Engelse editie van de Pravda bericht: 'The dollar may fall this March. America's foreign debt currently standing at $8,184 trillion will hit
the debt ceiling as early as February-March 2006. The United States is heading to financial crisis at top speed. That is correct, America will default on its foreign debt sooner or later if
the actual trends remain unchanged. Consequently, the whole dollar-based world (including savings in U.S. currency) may crumble. In actuality, the public have grown tired of numerous forecasts regarding an imminent collapse of the U.S. economy. The picture looks pretty grim this time around. Several factors will have an extremely detrimental effect on the dollar, according to U.S. Secretary of the Treasury John Snow who forwarded a letter full of ominous predictions to 21 members of U.S. Congress. The letter was made public after the markets had been closed for Christmas and New Year's holidays - a rather appropriate precautionary move in terms of the international foreign exchange market, which is extremely sensitive to any sound produced by U.S. bureaucrats. In his letter, Snow predicts a crisis in February this year. Citing U.S. government forecasts, Snow believes that America's foreign debt currently standing at $8,184 trillion will hit the debt ceiling as early as February-March 2006. For decades the White House has been borrowing money to cover expenditures that exceeded the real economic growth rates. As a result, the U.S. public debt currently totals to $8.1 trillion, a huge figure compared to the U.S. GDP that is slightly above $11 trillion.' Misschien ten overvloede: a trillion is 1 biljoen, oftewel een miljoen maal een miljoen. Lees verder: http://english.pravda.ru/world/20/91/368/16741_dollar.html