Excerpt from: Financial Spread Betting Strategies
|
 |
| June 01, 2007 | | U.S. economy and currency considered vital to world economy | According to a UN report released recently, the U.S. economy and currency is still vital to the world economy, and everything should be done to keep both from crashing. Spread bets in favour of a U.S. dollar crash would not be a good financial spread betting strategy, as it is likely that other countries would step in to prevent such an economic disaster from happening. Caribbean360.com reports:
"We call for a coordinated strategy that would think about how to
adjust these global imbalances while avoiding recessionary tendencies
in the global economy," Rob Voss, Director of Development Policy and
Analysis at the UN Department of Economic and Social Affairs, told
reporters as he launched the report at UN Headquarters. | | |
|
|
