Talk of The Villages Florida - View Single Post - Another example of why reading ANY news is risky...
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Old 10-26-2010, 11:59 AM
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Originally Posted by djplong View Post
I got married in August. I proposed in July 2009. By November 2009, we had an idea of where we wanted to go on our honeymoon and started making plans, buying tickets, etc.

Since we chose to go to Europe, I kept an eye on the Euro and the British Pound Sterling - and how the U.S. dollar did against them (since the Euro was at $1.60 when my daughter was backpacking across Europe by train for a month).

I had some guilty good feelings when the Greek/Irish/Portuguese crisis hit because the dollar rose against the Euro. Then I saw this article in May:

http://money.cnn.com/2010/05/18/news...tune/index.htm



Since then, the Euro (which bottomed out around $1.21) has rebounded to about $1.40.

Just another example of why predictions made over the air aren't worth the paper they're (not) printed on.

Concerning our own economy, the following article is by a person who's fed up with Paul Krugman's constant left-wing gloom-and-doom writing for the NY times

http://www.fool.com/investing/genera...0000001&lidx=3



Makes one not want to get out of bed in the morning..
Yea, Krugman won some big award for economics.

Obama won the same equivalent award for bringing peace to the world.

How did that work out for us?