Interest Rate Hike across the world set in..Look at the ECB hiking interest Rates. By this US Dollar value comes down.
Portugal getting 80Billion Dollars money to rescue from Bankruptcy..
US is reaching the 14 Trillion Dollars Debt Ceiling or limit after that what next.
US shutdown was averted at the last minute but it may happen again in future.
What next after QE2?
Inflation is everywhere look at all the commodities including Oil, Precious Metals, Soft Metals...
Look at the US Currency Index its at 75.3...
Look at the Euro vs Dollar its broke the resistance of 1.42 now its above 1.44..
Middle East started doing transaction in Euro not in dollar..so Dollar value going down...
Japan to spend on the Earthquake recovery it has to sell all its Treasury which is held in Dollar...by this Dollar value again will come down...
Unemployment in US is above 9% many people stopped applying for unemployment benefit..
Next country to default will be Spain, Ireland...
US is officially bankrupt but its US rating agency so they wont rate their country...
Only stock market is moving up using easy money and liquidity and low interest rate..
