steve1

GM May Hit $200 Before Oil Does

Let me tell you something about the CDN and AUS dollars. You may think that things are bad for them, but not for the USD. Look at CD for example, our country does not have a housing credit debacle, our government has been running budget surpluses for over 10 strait years and we have been paying down our national debt, which now stands at 25% of GDP. We have vast quantities of commodities regardless of a slowdown are still wanted by other countries. Compare this to the US: 1)unfunded wars in Iraq and Afghanistan, 2)debt level approaching 10 Trillion dollars, 3)all levels of government federal,state, and municipal swelling under debt, 4)household debt levels records 5)housing collapsed, 6)banking sector basically bankrupted 7) US Fed printing money out of thin air exponentially increasing money supply

Now you mean to tell me that the USD should make a strong come back based on these facts???? Not only that, why should Americans get to have everything on the cheap? The days of living the dream are done.