Everyone who's keeping USD balances hoping things will get better is in for a bitter surprise.
things will NOT get better. Look at the all the data available, everything points to a dollar at PAR with the USD within 18 months at the MOST.
When the dollar first rose around 72 cents in May '03, lots of people were predicting massive layoffs and decline in our exports, but it didn't happen. We managed to lower the unemployment rate, get a massive surplus and a good economic growth. We will feel the effect of a dollar worth 85 cents, but our growth and interior market demand should keep us from recession, which means the dollar won't sink back under 75 cents.
Our country's finances are in order, as opposed to our neighbors from the south.
It sucks, but we have to be prepared.
