Friday, March 4, 2011

Dollar's Global Fall Will Be 'Disastrous’ for US Living Standard Read more: Zell: Dollar's Global Fall Will Be 'Disastrous’ for US Living Stand

“Frankly, I think we’re at a tipping point. What’s my biggest single financial concern is the loss of the dollar as the reserve currency,” he told CNBC in an interview. “I can’t imagine anything being more disastrous to our country than if the dollar lost its reserve-currency status.”
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