The credit crisis in the U.S. has caused a global shortage of dollars in credit markets. In a world economy that is largely based on the U.S. dollar, the lack of dollars changing hands (liquidity) creates a huge problem, so everyone is paying a huge premium to get the dollars that are changing hands. Oddly enough, in the short term this state of affairs works in favor of the U.S., which sees its currency rise, which in turn helps stave off inflation in the U.S.
Long term, of course, we're all screwed. On Tue, Sep 30, 2008 at 12:17 PM, Vivec wrote: > What does all that mean in english. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:271644 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
