The US $ is the weakest it has been in recent memory. Tragic if you are buying foreign goods, traveling to foreign countries or merely visiting our Canadian friends.
It is scary in this regard: CONFIDENCE. The world no longer views the US $ as the standard currency.... the Euro is now the standard and this ought be a wake up call for us all! When the rest of the world realizes how fragile the US economy is then "look out!"
What with the weak dollar, massive expenditures for a senseless war, a tripling of gas prices, real estate in the dumps and auto sales at an all-time low.... this "perfect storm" of economic collapse is just around the corner.
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Bush should call Jimmy you know who and get some advice on how to ruin a nation. [MORE]
tonymixan
Mar 22, 2008 10:55
This Editorial takes the cake for sheer chutzpah! The cause of the dollar's collapse is the rise in the National... [MORE]
Michael Schwartz
Mar 21, 2008 21:34
Thing is, we, the people of America asked for it. Cheap goods from China (we can thank Clinton for Free... [MORE]
oilwelldoctor
Mar 23, 2008 23:29
We must emphasize that the Congress you wish Waxman to view in the mirror would reveal Hastert's and Delay's useless... [MORE]
eric cunningham
Mar 21, 2008 13:47
Republicans and Democrats are equally a fault. Both parties ignore the Constitution in favor of partisan politics and the quest... [MORE]
Orvil Newton
Mar 22, 2008 13:31
Come on. Bush and the Republican congress favored a weak dollar that improve the us trade inbalance. Stop placing the... [MORE]
Luis Gonzalez
Mar 21, 2008 12:40
It all started when we got off the gold standard. After that, each new session of Congress just made matters... [MORE]
Gary Chun
Mar 22, 2008 11:36
The US $ is the weakest it has been in recent memory. Tragic if you are buying foreign goods, traveling...