When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Tuesday, April 1, 2014

Why the Dollar Endures

The Least Dirty Shirt Syndrome --

Why the Dollar Endures - NYTimes.com: "The dollar’s continued prominence is ultimately less a parable about American exceptionalism than about weaknesses in the rest of the world and deep problems in the structure of the global monetary system. In international finance, it turns out, everything is relative." (read more at link above)

In other words, the shirt may not be clean, but it doesn't stink (yet).


The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects