Friends visiting from the States are complaining that their U.S. Dollars don't go as far as they used to. Both here in Israel and in Europe. * * *
As I write these words the world is turning from the Olympics to take a peek at what seems to be a war between Russia and Georgia over the breakaway territory of South Ossetia, which is legally in Georgia, a West-leaning country on Russia's southern border that hopes to become part of NATO.
Europe's ethnic and nationalist struggles seem to be moving back to pre-Soviet times ...of course back then The U.S.A. was a manufacturing powerhouse and the American Dollar was as solid as the rock of Gibraltar. * * *
And how is this going to impact the American Presidential elections?
Labels: America, Economy, Elections, Georgia, Olympics, Ossetia, Russia, Soviet Union, U.S.A.