Every business day for the past week the American dollar has dipped ever lower in value. This latest steep decline follows many months of continued reduced value in the American currency in markets worldwide.
Who could have imagined a euro whose dollar value is now $1.56?
All numbers and things considered, the buck has plummeted in buying power here in Ireland against the euro by some 65-75 percent since 2002. The dollar has also slumped against a number of other key monetary units, including the yen. Where the buck’s plunge will level off remains unknown.
Great going by the Bush regime. Talk about minding the business of others while things go to hell at home!
Through corruption and lies, they got their war. They also got a recession, a massive mess within the U.S. banking/home-loan system and hugely increased energy and food costs.
Real stewardship across the board.
March 25, 2008 at 10:21 pm
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