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November 13, 2007
| US Dollar Continues To Fall | Economy |
Nothing like a trip to Europe to make you painfully aware of the dollar's continuing slide. A month ago, people were shocked when the dollar hit 1.42 against the euro. Today it's at more than 1.46. I.e., it takes almost a buck fifty to buy what a euro buys. When Bush took office, it only took about 90 cents. An enormous sea change in a breathtakingly short time.
Posted by Jonathan at November 13, 2007 04:49 PM