I am actually concerned about the dollar. Its down 50% more than negating our gains in everything else.
But another 90% ?!
I looked up Gerald Celente and found he was all doom and gloom in 2000 but failed to predict the decline of the dollar. Also he uses phrases like “Empire America”
Its just possible he has mixed motives.
http://transcripts.cnn.com/TRANSCRIPTS/0012/31/sm.11.html
50% since when? Against what?
“I am actually concerned about the dollar. Its down 50% more than negating our gains in everything else.”
Well, so am I to some extent.
When I first came to Slovakia in 2002, I got 48 Slovak korunas for one dollar. Today I would get less then 22 SK.
I am now waiting for my FIRST social security check which is said to be “in the mail”. It will be worth half what it would have been in 2002.
On the bright side, I am making money here in Slovakia, and paid in Slovak money.