Tuesday, November 06, 2007

The Shrinking Dollar

Normally I steer clear of politics since it involves taking
sides and most of the time I am hard pressed to take the

side of anyone in the American political arena. Why ?
Because of the sorry state we invariably find ourselves in
at the outset of another Election year.
In other words, things just keep going from bad to worse.
I'm
getting tired of all the political jokes, cartoons, rants
and
barrage of e-mails from all over the world in my Inbox.
You know who you are. Please desist !

Ex- Presidential hopeful
Pat Buchanan's words and
mannerisms never held my attention till today when he
wrote
of the state of the (once) Almighty American Dollar
in
'Sinking Currency, Sinking Country':

" A sinking dollar means a poorer nation, and a
sinking
currency has historically been the mark of a
sinking
country. And a superpower with a sinking
currency is
a contradiction in terms.
What does this mean for America and Americans
? "

Read Buchanan's interesting take on the not-so-amazing
shrinking Dollar here.

Now what does all this have to do with Gisele Bundchen,

the world's richest Supermodel ?

BBC News is reporting
that ' The world's richest model has reportedly reacted in her own
way to the sliding value of the US dollar - by refusing to be
paid in the currency. '
This from a woman who is New York-based ? Not very
comforting for her agency and for the rest of those

America's Next Top Model hopefuls.

Will there ever be a return to the days of the
Almighty Dollar ? Not likely in my lifetime, I think.
Not when a young Indian like Mukesh Ambani gets listed
as the richest man in the world, surpassing Bill Gates...

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