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Strong dollar means cheap gas, imports for U.S.; pain abroad

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The fallout from the greenback’s appreciation is reverberating around the world. A more valuable dollar translates into cheaper oil and the imports lining U.S. store shelves. That represents both a boon for American consumers and a hardship for major oil producers such as Russia, Nigeria and Saudi Arabia.

Yes indeed. A great time to be here in the states. Filled my car up this morning at $1.93 a gallon. Meanwhile:

Japan is mired in a recession,

-4 ( +1 / -5 )

I will just offer a word of caution to my fellow Americans: slowdowns in the rest of the world, including Japan, are going to hold us back :-)

-2 ( +0 / -2 )

Love the dollar. Finally after 7 years, I can change $376,000 into yen

-1 ( +2 / -3 )

I thought Obamacare was supposed to ruin the US economy.

Do you mean the right wingers were.... wrong?

1 ( +2 / -1 )

Pandabelle: I thought Obamacare was supposed to ruin the US economy.

Do you mean the right wingers were.... wrong?

Repeat: What's Obama got to do with fracking, except to get out of the way?

0 ( +0 / -0 )

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