Just when we thought the economy couldn't get worse.Bush urged to devalue the dollar by 20 %
LONDON (Dow Jones)--U.S. President George Bush is being urged to signal a dollar
devaluation of up to 20% to rebalance the global economy ahead of Friday's Group of Seven and International Monetary Fund meetings (October 1 meeting--the start of the fiscal year 2005 ) in Washington, the U.K.'s The Business newspaper reported.
Senior U.S. administration officials in Washington have over the past few days tried to influence the White House and U.S. Treasury to put pressure on the G7 to agree to a dollar depreciation in its final statement, the newspaper said.
http://www.amtddj.inlumen.com/bin/djstory?StoryId=Cqvy:WaebqLqWmde2mtG"Call upon Me in the day of trouble : I will deliver thee, and thou shalt glorify Me " .... Psalm 50:15