Sunday, December 19, 2004
The Falling Dollar -- Don't Worry, Be Happy
The Red Sox and Patriots both won world championships this year -- I wonder if anyone has associated the current trade deficit with the amount of official Red Sox and Patriots clothing/memorabilia purchased this year? I assume that they manufacture all that stuff in Sri Lanka or something and ship it over here for our gluttonous consumption.
So -- don't worry. The dollar will strengthen again when everyone in Boston owns every piece of sportswear imaginable. Which, judging from the appearance of the downtown area, is just about now.
So -- don't worry. The dollar will strengthen again when everyone in Boston owns every piece of sportswear imaginable. Which, judging from the appearance of the downtown area, is just about now.