Waking Up to a Worsening Crisis

There’s bad timing and there’s really bad timing! What a time to head for the Euro zone. Last night the Australian dollar lost more value against every major currency as the current financial crisis shows no signs of retreating. Some 4 cents were lost against the greenback and 3 cents against the Euro. Terrible. If this panic in the market continues, I might have to actually start panicking myself.

All one can hope for now is some kind of recovery by the time I get to the other side.


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