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BlackCrayon · 11-08-2004, 01:02 PM

WASHINGTON (AFP) - US President George W. Bush's administration was conspicuously silent even as Europe agonizes over the plummeting dollar, a policy analysts described as "benign neglect."

"Euroland policymakers are sounding the alarm bells," said Merrill Lynch chief North American economist David Rosenberg, as the euro hit a record high 1.2987 dollars in early trading.

The dollar had plunged 36 percent from the high of four years ago, and was dropping "like a stone" since the Bush's re-election, which stoked worries about the US trade and budget deficit, Rosenberg said.

11-08-2004, 01:02 PM
BlackCrayon Too lazy to set a custom title Join Date: Jun 2003 Location: Ottawa Posts: 19,631	the dollar is dying fast... WASHINGTON (AFP) - US President George W. Bush's administration was conspicuously silent even as Europe agonizes over the plummeting dollar, a policy analysts described as "benign neglect." "Euroland policymakers are sounding the alarm bells," said Merrill Lynch chief North American economist David Rosenberg, as the euro hit a record high 1.2987 dollars in early trading. The dollar had plunged 36 percent from the high of four years ago, and was dropping "like a stone" since the Bush's re-election, which stoked worries about the US trade and budget deficit, Rosenberg said. __________________ you don't know you're wearing a leash if you sit by the peg all day..