neilios

Yahoo Finance finally updated their graph generator so we can go back to a time long before GWB, when men were men and the economy wasn’t in the toilet.

The point of all of this is that we’re not in an “economic downturn.” It’s pretty much been straight downhill since GWB was elected. And apparently no one noticed prior to the last election.

(the graph shows the US dollar versus the Swiss Franc. It’s pretty much the same compared with the Euro and don’t get me started on the Chinese Yuan. China used to tie the value of their currency to ours. Until ours wasn’t worth crap and they dumped it. Now the relationship between the almighty US Dollar and the Chinese Yuan is, let’s just say, rather more limp than the graph above.)

(note also that the value of one’s currency is not the be-all and end-all, however it’s a good indication of what investors around the world think of the economic status of your nation.)

(also note, I was kind to Bush with that line. If I drew it correctly, it would be sloped slightly more downward).