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yeh I'm getting euros for my dollars, ain't worth shit anymore... it's almost at $1.30 per euro... that's almost a 30% loss
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That stuff is only just beginning... wait for real losses!
The economic damage is mounting monthly in the US despite the fabled low dollar "being good for exports" blah. The truth is the "benefits" are rarely being kept in $$'s. Add to the a currency loss of around 1.5billion/day and a drop in foreign investment over the last few months to just $4bill/month - it was "normally" $50billion/month.
The day Bush ever gets re-elected is the day the bankruptcy papers can be filed, tho they were due for filing around spring last year, but like all bad news, the treasury report was stuffed to the bottom of the out tray and the state of denial lives on with a load of other denials - sad shit.