The Dollar is Dead, Next the Country … Yes it Can Get Worse alot Worse

12 11 2007

The euro, worth 83 cents in the early George W. Bush years, is at $1.45. The British pound is back up over $2, the highest level since the Carter era. The Canadian dollar, which used to be worth 65 cents, is worth more than the U.S. dollar for the first time in half a century. Oil is over $90 a barrel. Gold, was $260/ounce not long ago, now $800