2007年11月24日 星期六

Journal ING - Dollar's Woe

Dollar, which once dominated the world trade market has now fell into the depth. Saying it's going to meet the parity with Canadian dollar and to be far behind the euro, dollars have become priceless. But as most of the businessmen in taiwan, they might suffer from this falling point. It's because that they primarily rely on US dollars, the higher it is worth the more they earn, so the disaster is going to spread all over the world. And it is interesting that we see lots of Canadians go across their state to the US to do some shopping, for it would save a lot from their up-lifting currency than ever. Also, for Americans, when they travel in Europeans countries, they thought it would be too expensive to shop there even in the world largest fast food restaurant Mc Donald's. Is that something related to retribution after many years of waging so many cruel and unbearable wars?

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