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Old 2007-11-12, 02:48 PM   #48
Jim
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Join Date: Aug 2003
Location: Mohawk, New York
Posts: 19,477
Quote:
Originally Posted by Ramster View Post

The US dollar is dying for many reason, one being noone wants to buy/invest in any US businesses or mortgages with such a bad economy right now.
But our exports are way up You guys in Canada must be loving the cheap prices.

Either Christmas or the Chinese will be the final nail in the coffin. With mortages so hard to get, house prices are down. People no longer feel safe using their homes as an investment and won't spend as much for Christmas. And, if the Chinese blowhard is right about them moving the 1.3 Trillion from US dollars to Euros, that will hurt.
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