[stopem]

Guess there won't be a lot of Americans vacationing in Europe. It was bad enough when we were in Italy (Euro's) and England (pounds) few weeks ago, I beleive at that time Euro's were 1.3 and Pounds were 1.87 spent way tooo much while I was there because of it.

http://www.theglobeandmail.com/servlet/story/RTGAM.20061128.wxrdollar28/BNStory/Business/

[GodGunsGuts]

In other related and potentially ominous news (especially for those invested in EU countries), the EU *COLLECTIVE* is mulling over the idea of freezing capital flows should the dollar take a nose dive. Then there are all the rumblings from Red China, Russia, OPEC countries, and even our allied trading partners about currency diversification, which, if followed through on, would be a disaster for the USD (esp. in terms of its reserve currency status and all the privileges and benefits we derive from the same). Something to think about for those who keep calling for a devaluation of the USD:

http://www.freerepublic.com/focus/f-news/1745275/posts

[ContemptofCourt]

Forget Europe...Canda has gotten 30% more expensive in the past 3 years. Their dollar is almost on par with ours.

[TET1968]

We will spend more here on travel, American made goods and services.