> Robert wrote: > the 80's, however, we'll only climb for so long before we come tumbling back > down again. >
Well, everyone here will agree that you should pay no attention to me but .... I don't see that happening. About 7 years ago I thought this might happen and so we moved all of our cash savings to Yen and Euros amongst others. It looked bleak for a few years there, but now of course I'm thrilled we did: we about doubled our money if we cashed out now (not on yen of course.) Just like with home equity though, the problem is always then what? Anyway, I don't the US dollar going up again for a long long time. Some will argue that with the great exchange rates foreigners will be dumping money into America - which they will - but it won't change US trade much since much of US money is flowing to developing countries like India and will continue to. Anyhoo - ever heard of Celio, the French clothes outlet? In the early 00s my cousin and I made a clothes run to France and bought zillions of clothes including duffel bags to carry it all in and ship home. We could actually cost justify a shopping trip in Paris due to the strength of the dollar. I guess those days are LONG over. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Download the latest ColdFusion 8 utilities including Report Builder, plug-ins for Eclipse and Dreamweaver updates. http;//www.adobe.com/cfusion/entitlement/index.cfm?e=labs%5adobecf8%5Fbeta Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:244378 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
