Thursday, March 3, 2011

US Standard of Living in Peril From Dollar's Weakness: Zell

"My single biggest financial concern is the loss of the dollar as the reserve currency. I can't imagine anything more disastrous to our country," the chairman of the Tribune Company as well as Equity Group Investments said in a live interview. "I'm hoping against hope that ain't gonna happen, but you're already seeing things in the markets that are suggesting that confidence in the dollar is waning."

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Nick Sorrentino is the Editor of The Liberty and Economics Review and CEO of a social media management company.