Summary
SHARP-tongued Mahathir Mohamad, scourge of currency traders worldwide, has said the US dollar is headed for a "catastrophe" and will never regain its old strength.
The former Malaysian leader said Washington's bulging deficits would ultimately sink the greenback. "The catastrophe will come one day because even the most powerful country in the world cannot repay loans amounting to US$7 trillion (Pounds 3.7 trillion)," he reportedly told an Asian business conference.See the full content of this document
Extract
Mahathir Warns of a Dollar Catastrophe
The 79-year-old - who pegged his country's s...
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