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Strategies & Market Trends : The coming US dollar crisis
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To: dybdahl who wrote (1742)10/27/2007 8:46:43 AM
From: RockyBalboa  Read Replies (1) of 71459
 
What a coincidence... I have been shopping for weekend, and just today I tried a pack of carlsberg beer; our local supermarket has it on discount (0.59 vs. the regular 0.89 per half litre can).

And you re right, the much lower US exchange rate does have a beneficial effect, much like the large brasilian real devaluation had on the brazil economy.

I wonder how long the Euro zone and UK can cope with the inflated valuations of their currencies before local ecomomies fall over a cliff.
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