Part of my morning ritual in my Finance/IT universe is a quick scan of the morning's market headlines.
Seems the US dollar's valuation isn't doing so hot these days for several trillion reasons of outstanding national debt etc.... And there are of course tons of other factors that affect currency valuation that I'm not even going to pretend to understand or explain. It boils down to this. The dollar just doesn't buy what it used to:
20 years ago $3,000 got you this for a week
Now $4,300 gets you 2 hours in a hotel room with this
Ba dum dum....thank you ladies and gentlemen, I'll be playing here all week. :)
Thursday, March 13, 2008
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