Hello fellow citizens of America. Just wanted to bring to your attention the value of the American dollar. Once a staple of American society, the green paper that once dominated the world is falling in value.
The euro is up. The British pound is back up. The Canadian dollar is higher than the American dollar for the first time in the last fifty years. Oil is over $90 dollars a barrell. Gold, down to $260 and ounce not so long ago, has hit $800. So what is this?
During Bush's time as President, the dollar has gone way down. Is it his fault? No. People need to start looking at the big picture. America has a HUGE trade deficit right now and it's causing the dollar to plummet. The government pushes out more and more green paper to cover the costs of these deficits - What can we do?
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Wednesday, November 7, 2007
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