$$ low us dollar $$, page 1

why? anyone?    

I don't know but it hurts big time, If I wasn't in school I would move to Europe in a second. The economy is terrible here. Any houses for sale over there bidona?  

europe is as worse as there..

The reason is that at the moment the American economy has interest of weak dolar and that is why the US government is not doing anything to prevent the $$ going down.

Weak dollar means cheaper american products on the european market and more expensive european  and asian products on the american market ( the biggest in world).

If the dollar goes up at this point the american economy will crash  

i heard somewhere its becuase china changed their curency reserves from $ to euros and some other ones and their reserves are enormous

@ Al - sure dude, come on

hehe... funny! yeah... could be like most people in the world decided to change their "reserves" from $$ into ee... =))

I think whoe ever investin Es is going to be a winner