Need anything more to tell you the US economy is down
the pooper?
Rappers, led by internationally
recognized economist Jay Z, are now requesting to be
paid in Euros, rather than US Dollars.
You can’t really blame them. The euro bought an
all-time record $1.4752 on Friday, and the British
pound also has been trading at its highest levels
against the dollar since the early 1980s. The Canadian
dollar, often called the "Loonie," reached parity with
the dollar in September for the first time since 1976,
and has climbed steadily since. The euro bought
$1.4655 yesterday, while the Loonie bought $1.0373.
With the Euro you can get almost half-again more
bling, blow, and ho’s. Plus, name one international
drug figure that has been busted for laundering his
Euros.
Of course, President Bush and VP Cheney are probably
paid in gold, right into their Swiss accounts, but
watch them withdraw it in Euros. If they ever do.
The lesson here? Buy American, but spend Euros.