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Old 11-24-2006, 11:20 AM  
ForteCash
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:2cents America and the Dollar Illusion

America and the Dollar Illusion

By Gabor Steingart

The dollar is still the world's reserve currency, even though it hasn't deserved this status for a long time. The devaluation of the dollar can't be stopped -- it can only be deferred. The result could be a world economic crisis.

Read the entire article: http://www.spiegel.de/international/...440054,00.html


About the Author:

Gabor Steingart, 44, heads DER SPIEGEL's Berlin office. His last book was titled "Germany: The Decline of a Superstar" and, like "World War for Prosperity," was a bestseller in Germany. Steingart was chosen as "The Economic Writer of the Year" in 2004.
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