Here is a quote from today's Financial Times:
Amid reports that investors are starting to question the US government's AAA bond rating, the greenback slid to a new lifetime low of $1.3470 against the euro and a 12-year low of $1.9508 versus sterling.
How long is going to be until someone inside the beltway recognizes this as a problem. It's not the travellers (stupid). It is the place of the US economy in the international market.
About Me
- Xerxes
- New Orleans, Louisiana, United States
- Admire John McPhee, Bill Bryson, David Remnick, Thomas Merton, Richard Rohr and James Martin (and most open and curious minds)
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