Wednesday, October 22, 2008


The rise of the US$ is really interesting. When you think of the awful state of the U.S. economy, the $ should not be rising, but it is, which means currency traders think that the $ is relatively safer than the Euro, the BP, the Yen.

The U.S. sneezes and the world gets a cold. Globalization. Gotta love it.


liz said...

"The U.S. sneezes and the world gets a cold"

did you come up with that on your own or did you read that line somewhere? it's rather poetic. if it's yours, I am impressed.

PassTheChips said...

Not mine.