As Sam Zell (one of the richest men in America) told CNBC: My - TopicsExpress



          

As Sam Zell (one of the richest men in America) told CNBC: My single biggest financial concern is the loss of the dollar as the reserve currency. I cant imagine anything more disastrous to our country. Im hoping against hope that aint gonna happen, but youre already seeing things in the markets that are suggesting that confidence in the dollar is waning. I think you could see a 25% reduction in the standard of living in this country if the U.S. dollar was no longer the worlds reserve currency. Thats how valuable it is.
Posted on: Thu, 06 Mar 2014 11:16:31 +0000

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