Wow. we DID it.. the dollar hit a TWENTY YEAR LOW against the pound sterling

[SoCalDem]

and of course the Euro is eating dollars for lunch too..

Toyota's officially

We're in a stupid war we cannot win, and apparently no one thinks we can quit it either :eyes:

Some people might be paying more to GET to work, than their paychecks from that job gives them, but hey..

It's all good.. TV tells us so :)

:sarcasm:

[Greyhound]

1. Yeah, but Sanjaya is finally gone.

Now please shut up, I'm getting to the best part of this cud.

[Junkdrawer]

2. We are not a Third World nation for 1 reason: The US Dollar...

e.g. We give China US Dollars and they give us goods.

And when China develops internal markets for their consumer goods, game's over.

And we'll know the game is over when the dollar falls to lower and lower levels.

The world's former Economic Powerhouse can loose all its industry and coast on the value of its currency for a long time - but not forever.

[piedmont]

3. But the Dow hit an all-time high, unemployment is at 4.4% and there are more billionaires than ever!

Nevermind that probably more people than ever have McJobs or have given up looking for work, or that the Dow is just an indicator mainly of profits for fat-cats. It's a great time to be rich in America!

[Champion Jack]

4. I'm so proud

not

[magellan]

5. Suits me, I get paid in pounds.

But the resulting dollars definitely ain't going anywhere near as far as they did 10 years ago.