Photos
News
Links
More


Codewarriorz Thoughts
News
Subscribe: Add to Google Add to My Yahoo! Subscribe in NewsGator Online Add to My AOL


Thu, 25 Nov 2004
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

No comments


Post a Comment: