[PotatoHeadMick]

An interesting perspective

[BGHater]

‘why save when the value of the investments you own is increasing at rapid rates?’

Lol.

[goldstategop]

The economy is far from headed for a recession. Life is good in America and griping Democrats should sit down and shut up.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

[Conservativegreatgrandma]

Bump

[Darkwolf377]

The pundits have finally run out of bad news to report from Iraq, where, unmolested by the morbid fascination of misery-seeking reporters, the locals actually seem to be belatedly enjoying the first fruits of their liberation. So attention has turned again, as it has tended to do from time to time these past 50 years, to the inevitable collapse of the American economy.

Says it all.

[Professional]

Every party ends. When the current party ends, the us dollar, us stocks, and us bonds will be the place the world turns to for safety and calm. They did in 1994+, they’ll do it again soon enough.

[ButThreeLeftsDo]

Local (MN) perspective....

http://www.startribune.com/535/story/1568098.html

[jveritas]

I was in Europe (France and Italy) last week on business and I thank my Lord that I live in the US. Europeans are poor compared to us, period.

[The Duke]

The tide goes in, the tide goes out.

[Mr. K]

we have a huge trade deficit we are payingback withcheaper dollars...., isnt that good?

[Actually_in_Tokyo]

It’s great news for us at the year end when we plan a trip home to the US. From 115 to 110 yen per dollar in the space of a week makes a big difference.

[lonestar67]

Dollar down US doomed arguments are so inherently bogus.

This article barely scratches the surface.

Lower dollar means more export power for our companies.

Additionally, the up and down of currency valuations is largely meaningless. We have 40 trillion in assets. The world has not choice but to come to us.

The rest of the world is demographically doomed.

[kcar]

This is obviously a day for feeling good. So I’ll check back tomorrow.

[Lokibob]

We are always saying “Buy American”. With the declining dollar, American made products are looking great price-wise, to the foreigner. Vacations to the U.S. should be up next summer, with hordes of Europeans visiting and spending.

.....Bob

[familyop]

It is good news! A stronger manufacturing base will strengthen our Nation. And here’s some related news for a grin.

Why Wait? More Stores Open for Thanksgiving Shoppers
http://www.freerepublic.com/focus/f-news/1929467/posts

[donmeaker]

Dollars are ounces. if you make them smaller, you just count out more to make your pie.

[VeniVidiVici]

Don’t forget that we were taken over by the Japanese in the late 80s early 90s. Their business practices were far superior to ours.

[Entrepreneur]

Wow. This stinks.

Now I know why my BMW lease went up by more than $100 per month. When my wife's Acura lease is up, we're gonna... gonna... gonna... buy a friggin' American car. There, I said it.

Now I know why I'm paying more for French wine and Chimay (i.e., Belgian Trappist beer made by real monks). If this keeps up, I'm going to have to drink Napa wine (well, maybe Sonoma) and domestic microbeer.

Now I know why the Dutch cheese I buy from Kroger costs more. If this keeps up, I'm going to have to buy Gouda from Wisconsin. What a horrible country we've become when imported Gouda costs more than domestic!

It's not fair. I want cheap gas, cheap BMWs, cheap French wine, cheap Trappist beer, cheap Gouda, and cheap government. All I get is cheap satire.

I just hope I get a cheap politician, and not one of the expensive socialist varieties who promises to pay for everything for me, while taxing me twice the value.

[Recovering_Democrat]

IOW, the sky isn’t falling. :)

[Does so]

So what’s happening to the dollar that Illegals are sending to Mexico? With slumping home-building starts, maybe things will improve our “border-crossers” issues?

[expat_panama]

Fabulous post, the article really nails it:

---all that's reported about the US economy is a bunch of doom'n'gloom lies,

---the last time the dollar fell this much we had the best economic boom in 35 years,

---Americans are not in debt, we're richer than ever.