Saturday, April 23, 2011

Devalued - Mark Steyn notes in "The Disappearing Dollar" that many of the measures of prosperity - the U.S. credit rating, the dollar, housing, education - ain't what they used to be.

And then there's this from the WSJ: "Dollar's decline speeds up, with risks for U.S."


Anonymous said...

And then there's this from the real world: interest rates on bonds have FALLEN since the S&P's warning, which is exactly the opposite of what you'd expect if investors were actually worried about America's creditworthiness.

Anonymous said...

Have you been to a grocery store or gas station lately?

Anonymous said...

Hey, remember when President Obama gave a speech and made the stock market fall? Yeah... good times.