A Look at the U.S. Financial Crisis

213172 Resource 119232 120646 120646 1222099444755 1222099444755 Controlled U.S. Dollar Falls in Forex Trading as Deficit Worries Loom

Bailout cost could exceed $1 trillion

The <a href="http://www.fxstreet.com/fundamental/market-view/daily-market-report/2008-09-22.html" target="_blank" title="forex strategy, forex trading, U.S. dollar forex trading, U.S. dollar FX trading, U.S. dollar currency trading, currency trading, FX trading, forex trading currency market, economy, national deficit">U.S. dollar is falling in forex trading</a> on the currency market as worries begin surfacing about the national deficit. As anyone will tell you, have large amounts of debt on the balance sheet is a bad idea, and the U.S. is getting there. At a much faster rate than before. The <a href="http://www.huffingtonpost.com/2008/09/22/main-streets-resentment-o_n_128206.html" target="_blank" title="forex strategy, forex trading, U.S. dollar forex trading, U.S. dollar FX trading, U.S. dollar currency trading, currency trading, FX trading, forex trading currency market, economy, national deficit">bailout proposed over the weekend</a>, although put at $700 billion, may ultimately cost more than $1 trillion. At Blogworld this weekend, in a <a href="http://www.contentmatters.info/content_matters/2008/09/live-from-blog-world.html" target="_blank" title="forex strategy, forex trading, U.S. dollar forex trading, U.S. dollar FX trading, U.S. dollar currency trading, currency trading, FX trading, forex trading currency market, economy, national deficit">session on the financial markets</a>, some of the panelists put the cost at $2 trillion to $3 trillion. Obviously, such a state of things does not bode well for the <a href="http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/dollar-still-low-and-stocks-open-soft-2008092261030/" target="_blank" title="forex strategy, forex trading, U.S. dollar forex trading, U.S. dollar FX trading, U.S. dollar currency trading, currency trading, FX trading, forex trading currency market, economy, national deficit">U.S. dollar</a> in the long run as it stacks up to other currencies in FX trading. Such a large deficit shows that the economy is struggling, and it becomes tempting for investors to take their money elsewhere. Indeed, <a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=aYV6K3qg4sYI&refer=currency" target="_blank" title="forex strategy, forex trading, U.S. dollar forex trading, U.S. dollar FX trading, U.S. dollar currency trading, currency trading, FX trading, forex trading currency market, economy, national deficit">Bloomberg reports on a change in forex strategy</a>, brought about in large part by worries over what this financial mess is going to do to the stability of the economy, and to the U.S. dollar in currency trading: <div style="margin-left: 40px; font-family: verdana,arial,helvetica,sans-serif;">``The massive increase in the deficit is starting to make people rethink the shape of all sorts of things, including the dollar,'' said <a onmouseover="function onmouseover(event) { return escape(popwSearchNews(this)); }" href="http://search.bloomberg.com/search?q=Alan+Ruskin&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1">Alan Ruskin</a>, head of international currency strategy for North America at RBS Greenwich Capital Markets Inc. in Greenwich, Connecticut. ``We have shifted from the mode of buying dollars on dips to selling the dollar on upticks.'' </div> 9 application/xml false currency trading economy forex strategy forex trading forex trading currency market FX trading national deficit U.S. dollar currency trading U.S. dollar forex trading U.S. dollar FX trading A Look at the U.S. Financial Crisis Analysis of what led to the current U.S. financial crisis http://www.getrichslowly.org/blog/2008/09/19/thoughts-on-the-financial-crisis-from-an-actual-economist/ U.S. Dollar in FX Trading Forex trading on the currency market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.1) Gecko/2008070206 Firefox/3.0.1 127.0.0.1 127.0.0.1 mmarquit 66.182.71.19 false true false false true 119232 blog blogsite/GFTForex/web