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- The Challenge Of Bible Christianity Today
- Three Men On The Mountain
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- Bob Creel The Death Of A Nation
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What Art Thinks
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Audio
- Satan's Ambition
- Counterfeit Christianity
- Three Things We All Must Do
- Two Coming Rulers
- Why No Joy
- Message Of Encouragement
- Greatest Single Issue of our Generation
- salvation.
Video
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- Atheism's Best Kept Secret
- Milk From Nothing
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- Billy Graham Denies That Jesus Christ is the Only Way to the Father
- Emerging Church & Intersprituality Preview
- Israel, Islam and Armageddon 6 Parts
- Blasphemous Teachings of the 'emergent Church
- Megiddo 1 - the March to Armageddon
- It's Coming, the New World Order
- Creation Vs Evolution Part 1 of 4
- Creation Vs. Evolution Part 2 of 4
- Creation Vs. Evolution Part 3 of 4
- Creation Vs. Evolution Part 4 of 4
- Billy Graham Says Jesus Christ is not the Only Way
- Wide is the Gate
- A Debate: Mariology: Who is Mary According to Scripture?
- The Awful Reality of Hell
- Conception - How you are Born - Amazing
- Atheist's Best Kept Secret
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- Searching the Truth Origins Preview 2
- Searching for Truth for Origens Preview 1
- Searching the Truth for Origins 3
- Emerging Church & the Road to Rome
- Another Jesus 1 of 7
- Another Jesus 3 of 7
- Another Jesus 4 of 7
- Another Jesus 5 of 7
- Gay Marriage is a Lie - to Destroy Marrriage
- Another Jesus 6 of 7
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- Evolution Fact or Fiction - Part 1
- Evolution Fact or Fiction - Part 2
- Evolution Fact or Fiction - Part 3
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- Creation vs. Evolution
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- When the Trumpet of the Lord Shall Sound
Special Interest
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- Destruction of Damascus?
- Peace and Safety?
- The Emerging Church
- The Growing Evangelical Apostasy
- The State of the Church
- Child Sacrifice
- Outside the Camp
- The Church Walking With The World
- The Present Apostasy
- The World is to Blame
- How to Give Assurance of Salvation Without Conversion
- New Evagelicalism
- New Neutralism Ch. 1 - 3
- New Neutralism Ch 10-11
- New Neutralism Ch 12-13
- New Neutralism Ch 4 -6
- New Neutralism Ch 7 - 9
- The Danger of the Philosophy of New Evangelical Positivism
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- A Dilemma of Deception: Erwin McManus 'Barbarian Way'
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- Rock Music and Insanity (Excerpts)
- Preview of the Coming of the One World Religion for Peace:
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- A Sin Problem Rather Than a Skin Problem
- Scientific Evidence for the Flood
- Another Step to Rebuilding the Temple - Holy of Holies Veil Being Recreated
- Darwin's Errors Pt. 1
- Eastern Mysticism
- George Muller's rules for discerning the will of God
- The Tract
- The Church and the World Deceived
- Ye Must Be Born Again
- The Call of Abraham
Daily News
8240
“The G - 7 Abandons the Dollar”
by Forbes.com
October 9th, 2009
by Forbes.com
October 9th, 2009
The greenback fell further after the G-7 would not come to the rescue
The Group of Seven will let the dollar fall.
The heated climate before the Istanbul meeting led some to expect global policymakers to take a stand, but despite the strong tone, Andrew Wilkinson, senior market analyst at Interactive Brokers, said it was short on action. "It invites investors to test the dollar's lines of resistance in order to see what response, if any, might be forthcoming in the event of a further fall in the value of the dollar," Wilkinson said.
The dollar's loss of value over the past six months has been a cause for concern for the world's financial chief's, Wilkinson said, and reasonably so because the greenback's instability threatens financial markets and economies. (See "Playing The Downward Dollar." and "Harrison Sees A Dollar Boom.")
"Many currency traders were braced for some hint of intervention to prevail from this meeting," Wilkinson said, "especially given several verbal warnings or complaints from central bankers and politicians who had warned against dollar weakness."
The problem with intervention is that it would only be partially effective, especially if the U.S. isn't on board. The Treasury Department would never admit this, but for the time being it's in the country's interest to keep its currency low because it stimulates exports for the economy's manufacturing base and lowers the value of the debt that the Treasury is piling up.
