Of Course

Oct 25, 2008 16:54

So, of course, this is probably the worst time for Americans to go abroad in years, maybe decades, as the dollar fell to record lows over the past 8 years.  But now the dollar, considered a "safe haven" in times of crisis, is actually starting to rise.  It's about $1.25 for 1 British pound, the best rate in 2 years.  Well for us American travelers at least, things are starting to look up!

Wait, what's this?  The yen is also a "safe haven" and is the only other currency to rise during financial crisis?  It's currently 94 point fricking 2 yen to the dollar?

DAMMIT

Thank you, Japan, for being the only place in the world where the dollar is losing ground.

money, asia, japan

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