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Daily Archives: May 24, 2009

Unemployment: the US caught up with Europe

The unemployment rate in the US is likely to surpass Europe.

(click to enlarge; source: NYT)

Peter Schiff wants you to get out of US dollar

The US dollar often moves in the opposite direction with the market during this crisis, i.e., when stock market is down, dollar is up. But Peter Schiff noted something has changed —we may have dollar, stocks and bonds decline at the same time. And he thinks inflation is coming.