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.

god damn. i hate the exchange rates right now

and 2 years ago everyone was winging about the weak euro.

Posting this info is useless unless you understand economics, which I am sure 99.9% of gfy does not. SO yea, it's useless.

shut up. :(

I knew it. and it will continue i'm afraid.

I only understand i lost 1/3 of my income because of the low dollar.

Time for us here in Canada to buy some US$

Idea! Buy Gold or shares of gold minning stock. Good luck.

What a stupid and conceited statement from somebody who probably has a far smaller grasp of economics than he thinks he does.

For a lot of people all they need to know is that it seriously screws up their income which makes the news very useful to them even if it's far from being good news.

I wouldn't suggest that anytime soon. :1orglaugh

the dollar sucks


see you later america


euro here i come

:thumbsup

:waaaaahh :waaaaahh :waaaaahh My dollars are shrinking!

that would be quite a dumb move.

Guess this probably a good time to sell US cars in Europe. Is there anyting else we still manufacture here?

The huge majority of consumer electronics in Europe are purchased from the Far East in dollars so it's not all bad if you don't earn your money in dollars too.

It makes for some great bargains for Joe Public if you need a new camera or DVD player.