From Photomaven http://www.flickr.com/photos/maven/The US dollar is tanking overseas. Most of you could give a whack. For those of you heavily invested in foreign stocks, lucky you. For me, I think I have something like that and my portfolio is good, so I'm not complaining in the big sense.
I'm just glad we hedge currency at home. That is right. We take out extra currency when we're overseas (Euros and pounds and CAD) because we know that Bushie and his cohorts will continue a policy that will bring the US dollar to its knees.
We're not talking hundreds of thousands, but hundreds. Honestly, when we spend four nights in London next month at nearly 400 bucks a night (rethinking this as we speak) and meals that are 30 bucks for a plate of noodles that I could get in Seattle for 3.95, I'll be happy I did.
nm
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