Thursday, October 08, 2009

What passes for 'journalism' in the FT now

Quoting Sarah Palin's Facebook page as an authoritative source on international monetary issues. Oy vey:

Sarah Palin, the former vice-presidential Republican candidate, on Wednesday sought to link the dollar decline to rising US indebtedness and dependence on foreign oil. “We can see the effect of this in the price of gold, which hit a record high today in response to fears about the weakened dollar,” she wrote on her Facebook page.

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