Non-English Speaking Webmasters

[ecchi]

Originally Posted by Mr Spock

Actually the US $ has been trending weaker against most other currencies for the past 20/30 years and has nothing to do with GW.

I was not trading outside Britain 20/30 years ago, so I cannot agree/disagree for certain but, yes I think it was stronger back then. However it took another nose dive a few years ago and has been incredibly low since then. This did happen on George W.'s watch and it is his fault. He not only admits it, he claims (probably honestly) that he did it deliberately. His theory is that if the US$ is this far down the toilet, Americans will not be able to buy foreign goods, thus improving the balance of payment. The problem is that if Americans buy foreign goods anyway (eg oil) then it has the reverse effect, and recession happens. That is why it is a gambol.