DOLLAR DROPS IN VALUE AGAIN
The dollar has dropped in value against the Euro
again, for the seventh time in four years.
http://www.thehollandsentinel.net/stories/111804/b
us_111804041.shtml
"The U.S. dollar plunged to a new low against the
euro Wednesday as markets shrugged off
Washington's insistence that it is committed to a
strong dollar. And with the causes of the drop --
worries over oil prices and the U.S. trade and
budget deficits -- not going away, some
economists see the euro soaring to $1.35 or
beyond."
I believe this reinforces the message I have been
repeating for over a year now...i.e., that this
economy in the US, is in great trouble.
Posted 01:07
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