2/07/2005

As the dollar continues its climb, what are the implications? Opportunities? One thing for sure is that people holding the Euro are getting burned, particularly those still buying them since January 1. At some point we will see a dumping of the currency, a big run in our stock market---could be happening now----and reduce the amount we pay for foreign products. Is this like a tax cut? Yes. The Euro has lost 8% of its value since January 1.


OH, AND YOU JUST GOTTA GO HERE to a roundup of good news from Afghanistan. Afghanistan? Where's that, some shithole in some desert? The MSM refuses to report any success. Link to CHRENKOFF in the WSJ.