Monday, March 09, 2009

More on the Economy

Source: "A Rising Dollar Lifts the U.S. but Adds to the Crisis Abroad," PETER S. GOODMAN, The New York Times, March 8, 2009.

Bad as the economy is in the United States, it appears to be worse in much of the rest of the world. The United States looks to many hear and abroad to be a safe haven for their savings, and as a result the Obama administration may have funds to finance its stimulus packages; however, Eastern Europe and other economies may not have the money that they need.

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