Tuesday, June 10, 2008

The street value of the US dollar:

If you are trading currencies, here is an observation on the weakness of the U.S. dollar, from the Monday Metropolitan column in the New York Times: Dear Diary: As I was walking down Second Avenue from 57th Street in mid-April, I noticed a young woman, early 20s, standing on the corner and talking on her cellphone while her toy-size dog squatted and took care of its business. As the dog completed its task, and not missing a beat, the young woman - still talking on the cellphone - bent down and scooped up her dog's poop with a dollar bill and dropped it into a nearby trash can. No wonder the Europeans have booked all the carriage rides in the Central Park!