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Friday, August 27, 2010

The dollar back, but still prevails

The dollar has weakened versus the euro (approximately one in 1.35), but remains the reference currency for Earth trade.

While this is as described, the U.S. will remain the leading economical power of the earth. Though symbols of capitalist economy such as universal Motors and the Wall Street banks are crumbling, the fact that Americans consume more than 30% of goods and services produced in the Earth stands still in the lead economical and, therefore, the dollar.

It takes some time for the European Union and China move to the U.S. Economical Firstly, meanwhile, the dollar rules the pockets of tourists and international traders.

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