Andrew
2008-03-24 09:34:56
Do any of you realize that the price of oil has raised in part because of the falling dollar? It isn’t just a coincidence that the dollars fall and the rise in oil prices have happened simultaneously. As someone who has just come back from abroad I can say that the falling dollar IS a huge issue and one that we should be concerned about. Now I do think that things will even out in time as I have a very hard time believing those countries in the Euro zone have higher productivity than us. But this event will happen faster if we change or spending as a country and move beyond our debt culture.
