The New American Dollar
Check out the US Dollar’s New Look!
As funny as this is, it really isn’t too far from the truth. The US is having a really bad time and the markets are going south (no pun intended). As someone that makes his money in US dollars, this really sucks. On one hand, I can get stuff cheaper in the US. On the other hand, I’m making less per dollar. Granted, it isn’t as bad as it was when the Loonie eclipsed the greenback not too long ago, but when both our economies are tied together in many ways, there’s a lot more at stake than a few cents on the dollar. I’ve never seen my portfolio take such a bad beating. But on the other hand, it’s like Boxing Day in the markets right now.
Hopefully the results of the US election (*cough*…Obama…) has a positive effect on the economy in the near future or I might have to ride my scooter in Taiwan and work on my asian squat. Thanks Kelly!