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Thread: US Currency Has Fallen to a Serious Low

  1. -1
    BAMAPHIN 22's Avatar
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    US Currency Has Fallen to a Serious Low

    Yes, we live in interesting times. The confidence in the US currency has fallen to a serious low, but the equity market in the US was strong yesterday, testing session highs at the close.

    http://www.netscape.com/viewstory/20...-12&frame=true
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    DolFan31's Avatar
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    And reports are out there that Americans are spending many times more than they are saving. With the budget in a serious debt still, we are possibly heading toward another depression,
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    dlphns8405's Avatar
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    this country has faced adversity many times and came out of it.
    a revelution, a civil war, 2 world wars, a depression, a unstable time in the late 50's to 70's, iraq and maybe soon this too but i have no doubt that everything will be fine again.
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    DeDolfan's Avatar
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    Quote Originally Posted by BAMAPHIN 22 View Post
    Yes, we live in interesting times. The confidence in the US currency has fallen to a serious low, but the equity market in the US was strong yesterday, testing session highs at the close.

    http://www.netscape.com/viewstory/20...-12&frame=true
    i saw it on this AMs news. Said the € costs about $1.30 and the British pound is at $2.00. almost 40 years ago when I was in England, the exchange rate then was $2.40. By that, it is better today by a smidge. But altho not having kept close track of it, I think it is worse than it has been in recent years tho.
    DD..................the #1 Delaware Dolfan !!!



    Doing things you don't have to do today will help to determine where you'll be tomorrow when you can't do anything about it!
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  5. -5
    ScottishFin
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    When I was last over about 8 years ago I got $1.45 for my £1 , wish i was heading over this year

    Its now worthwhile for me to import stuff from the US to the UK even including the import taxes I will have to pay
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