World-News

Beyond the dollar

People's Bank of China governor Zhou Xiaochuan said last week that the Special Drawing Rights (SDR) of the International Monetary Fund (IMF) should replace the dollar as the world's main currency.

The political reasons for his proposal are clear, its merits rather less so.
http://www.atimes.com/atimes/Global_Economy/KD01Dj02.html



Peter Schiff: The Dollar is Gonna Drop Like a Stone

Video
http://snipurl.com/f8kr6



US unemployment hits 26-year high

Unemployment in the US has jumped to its highest level since 1983 after employers cut 663,000 jobs and workers' hours to the lowest on record, government figures have shown.

http://english.aljazeera.net/news/americas/2009/04/2009431412918327.html


From Information Clearing House

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It's a Depression

Robert Reich, Robert Reich's Blog: "We should stop worrying about Wall Street. Worry about American workers."

http://www.truthout.org/040409C



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