Log in

No account? Create an account

I knew it

« previous entry | next entry »
Dec. 10th, 2003 | 11:35 am

Ailing dollar falls to record low.

I knew this was going to happen. Bush's tax policies are bankrupt the people, our trade deficit seems to be financed by petrodollars. It was obvious that the dollar was going to slide.

I thought it'd be a great idea to shift some assets to the eurozone. I was right, pity I never figured out how to do it.

Sadly this makes me feel about my predictions for many of the other things that are likely to go wrong. I wonder what can be done about them.

Link | Leave a comment |

Comments {1}

Vicky the Compost Queen

There are the futures markets.

from: vixter
date: Dec. 10th, 2003 01:42 pm (UTC)

But you have to be very, very careful. But there are ways to protect yourself with spreads, etc. http://www.cme.com/

Reply | Thread