Even Larry Summers Predicts Doom
29 November 2007, by Mike Whitney
Lately it seems as though everyone wants to take a poke at the dollar. Last week, it was the Brazilian supermodel who demanded euros for her jaunts on the catwalk instead of USD. The week before that, hip-hop impresario, Jay-Z, released a video dissin’ the dollar and praising the euro as the ’baddest Dude in the ’hood’.
Lambasting the greenback has become trendy. It’s a favorite pastime of politicians, too. At the November OPEC meeting in Riyadh, Iran’s president Mahmoud Ahmadinejad asked (...)