Lew Hodgett wrote in news:f6K5i.13582$Ut6.11928
@newsread1.news.pas.earthlink.net:

EXT wrote:
What most Americans don't know is that the US currency is in the
toilet. I
run a Canadian company which has 99% of its income in US dollars.
snip

Didn't realize the Canadian situation; however, I can tell you that
the USD is also in the tank vs the Euro.

Spending money you don't have, to finance a war, will do that.

Lew

Euro used to cost approximately $0.85 (at its low point). Now it costs
$1.35 or so. That means that with respect to the euro, the dollar has lost
close to 70% of its value. Of course, gasoline here in the US is still
very cheap compared to Europe - about Euro 1.42 per liter in Wageningen,
Netherlands. If I calculate correctly, that comes to ~US$7.30 per gallon,
or more than twice the price in North Jersey.

--
Best regards
Han
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