I know nobody seems to care but me, and I know I was 3 years too early
in predicting this, but WOW.

Just think: you, as an American, are worth HALF of what you were in
2000.  HALF!  Remember when we thought this shit only happened in 3rd
World countries?

A 1M dollar house in the US which used to cost a European 1.5M, now
costs him $700,000.  Scary.

-------------------

HONG KONG, Oct. 16, 2007 (Thomson Financial delivered by Newstex) --
The US dollar hovered near all-time lows against the euro in afternoon
trade in Asia Tuesday after outgoing International Monetary Fund
Managing Director Rodrigo de Rato said the greenback is 'overvalued.'

In a news conference in Washington Monday, de Rato said there is still
'room for further
depreciation' of the dollar.

'And if you look at the futures markets, you will see that the markets
are also seeing more or less the same,' said de Rato.

At 1.00 pm (0500 GMT), the euro was trading at 1.4204 dollars from
1.4201 in Sydney this
morning and 1.4210 in late New York trade. The euro hit an all-time
high of 1.4283 dollars on Oct 1.

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