HireMe.geek.nz
2004-11-19 04:06:29 UTC
More words on declining US dollar, bad news for production of Film and TV in
Canada...
[fragment from another newsgroup]
The Coming Currency Shock
Flight from the dollar is already underway. During the past two years, the
US dollar has declined 52% against the new European currency, the Euro.
This decline is striking in view of the sluggish European economy and the
fact that many analysts regard the Euro as merely a political currency.
Indeed, the dollar is declining against all currencies that have any
international standing: the British pound, the Canadian dollar, the
Australian dollar, and even against the Japanese yen despite Tokyo's
intervention to support the dollar.
Overcome by hubris and superpower delusion, US policymakers are unaware of
America's peril. Economists and pundits are equally in the dark.
Canada...
[fragment from another newsgroup]
The Coming Currency Shock
Flight from the dollar is already underway. During the past two years, the
US dollar has declined 52% against the new European currency, the Euro.
This decline is striking in view of the sluggish European economy and the
fact that many analysts regard the Euro as merely a political currency.
Indeed, the dollar is declining against all currencies that have any
international standing: the British pound, the Canadian dollar, the
Australian dollar, and even against the Japanese yen despite Tokyo's
intervention to support the dollar.
Overcome by hubris and superpower delusion, US policymakers are unaware of
America's peril. Economists and pundits are equally in the dark.