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09-04-2009, 07:22 PM #1
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U.S. Dollar Will Weaken, Currency Crash Possible, Roubini Sa
U.S. Dollar Will Weaken, Currency Crash Possible, Roubini Says
By Sonia Sirletti and Jeffrey Donovan
Sept. 4 (Bloomberg) -- The dollar will weaken and the U.S. risks seeing a crash of the currency unless it does more to control the deficit and reduce debt, said New York University Professor Nouriel Roubini, who predicted the financial crisis.
“If markets were to believe, and I’m not saying it’s likely, that inflation is going to be the route that the U.S. is going to take to resolve this problem, then you could have a crash of the value of the dollar,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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