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Malaysia Found - Malaysia2007

Sinking US dollar

April 27th 2011 02:53
I was meaning to write a few more posts to explain how I got to where I am today, but I just heard the financial news. It appears that the Federal Reserve will continue to bail out the billionaire banks and businesses that put the world in this economic mess. The more the Feds print money the lower the dollar goes. For those of us who live overseas this is very bad news. When I first came to Malaysia the exchange rate was $1 = 3.6 Malaysian Ringgits. As of today the rate is $1 = 2.98 Ringgits. The dollar is becoming "funny money'. Thanks Feds.



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