|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 . '/' . substr('9781560256649',-6,3) . '/' . '9781560256649' . '.jpg'; ?>)
By Marc Cooper
By Peter Brooks
$19.95
$22
|
|
|
|
|
Paresh Nath, Cagle Cartoons, The Khaleej Times, UAE —
Posted on Feb 17, 2013
READ MORE 
|
|
Luojie, Cagle Cartoons, China Daily, China —
Posted on Feb 26, 2012
READ MORE
|
|
Daryl Cagle, Cagle Cartoons, MSNBC.com —
|
Flickr / J. Stephen Conn (CC-BY)
|
You know Fox News is all over this story: The Utah House of Representatives is fixin’ to vote on a measure that would make gold and silver coins a viable alternative to the boring—and inflation-prone—forms of currency currently in national circulation.
|
|
Daryl Cagle, Cagle Cartoons, MSNBC.com —
Posted on Nov 15, 2010
READ MORE
|
|
Taylor Jones, Cagle Cartoons, El Nuevo Dia, Puerto Rico —
Posted on Nov 12, 2010
READ MORE
|
Flickr / U-g-g-B-o-y-(-Photograph-World-Sense-)
|
The answer to the headline question, at least on Monday, would be $1.2234, as the euro dropped to its lowest point in four years. As this CNN report puts it in somewhat startling terms, ” ... Ongoing debt concerns prompted a flight to the safety of the U.S. dollar.”
Posted on May 17, 2010
READ MORE 
|
Flickr / Andres Rueda (CC-BY-ND)
|
The once-mighty euro, a currency that humbled American tourists in its day, has sunk to a 13-month low against the dollar. Greece’s impending bailout apparently isn’t settling nerves in the eurozone, which includes other major economies that look a little wobbly as of late.
|
AP / Eugene Hoshiko
|
By Robert Scheer — The Chinamen did it. In the great American tradition of finding foreign scapegoats for our problems, the hunt is on to somehow hold China responsible for the misery that Wall Street financiers inflicted upon the world.
|
|
By William Pfaff — Economist Joseph Stiglitz says the International Monetary Fund should create a new reserve currency, rather like declaring that a massive gold mine has been discovered under the IMF building.
|
Wikimedia Commons
|
By Chris Hedges — This week marks the end of the dollar’s reign as the world’s reserve currency. It marks the start of a terrible period of economic and political decline in the United States. And it signals the last gasp of the American imperium. That’s over. It is not coming back. And what is to come will be very, very painful.
|
|
Frederick Deligne, Nice-Matin, France —
|
Wiki Commons
|
Last week it was Budweiser that was sold to the Europeans, this week it is the NBA that fell victim to a global economic shift that’s seen the dollar nose-dive vis-à-vis the euro. Respected young forward Josh Childress accepted a fatter offer from a Greek club than the one his U.S. team reportedly was making. He may not be the last.
|
AP photo / Lisa Poole
|
The once-mighty U.S. dollar is full of hot air, or at least the rate of inflation is at a 26-year high due to the recent economic toils and astronomical energy prices. Prices U.S. consumers pay shot up 1.1 percent in June—or more directly, your paycheck just got 1.1 percent smaller.
|
news.bbc.co.uk
|
The price of a barrel of crude oil has doubled over the last year, reaching a record $135 on Thursday. With dwindling supplies and a weak dollar, analysts expect the price to go up for some time.
|
Flickr / epicharmus
|
A sense of gloom still hangs over the economy, but there was cause for celebration Monday. Home sales are up for the first time in months, the dollar has regained some ground against the euro, and Wall Street had a triple-digit day. So why aren’t investors smiling?
|
|
By Will Durst — Talk about how the almighty have fallen. The dollar is headed downhill faster than Bode Miller on a set of rocket skis. Think nose dive. Plummetville. Plunge City. Belly Floppo Rama. Recession is such an ugly word.
|
AP photo / Vahid Salemi
|
Venezuelan President Hugo Chavez stopped off in Tehran to meet with Iranian President Mahmoud Ahmadinejad on Monday after the weekend’s OPEC summit in Saudi Arabia, marking Chavez’s fourth trip to Iran in two years. During their tête-à-tête, the two least likely leaders to drop in for dinner at the White House discussed, among other things, the dollar’s recent and precipitous decline.
|
zdnet.com
|
With the dollar getting weaker all the time, the ailing housing market is getting a little relief from an unexpected source: foreigners. Brits in particular have been tempted by bargain homes in glamorous locales such as Manhattan, where one-third of all new condominiums are selling to foreign buyers.
|
news.bbc.co.uk
|
The dollar has simply fallen too low for India, which will no longer accept the greenback at its many tourist sites, including the Taj Mahal. Tourism ministry officials said they had to move quickly in order to protect Indian revenues from the dollar’s free fall. Remember when the dollar was like gold in the developing world?
|
|
Tab, The Calgary Sun —
|
|
The news that the Treasury will once again sheepishly release a small batch of dollar coins raises the question: Why are Americans so hung up on paper money when countries like Britain and Canada have enjoyed the benefits of coinage for years? Don’t scoff—the Government Accountability Office estimates potential savings at $500 to $747.5 million annually.
|
View the most popular tags overall?
|
|
Guantanamo Prisoner’s Case Demonstrates Unfairness of Military Commissions
Newsletter 
Like Us
Follow Us
Get Our Feed
