How Low can the USD go?

November 9th, 2007

It’s S$1.43 to US$1 now.. time to visit USA!

Given the massive inflation in Singapore in recent years, I think it’s cheaper to live in the States now!

The dropping USD is actually very good for the tech sector. Because when you charge in USD now, people don’t mind paying because it’s cheaper. And also because tech sector has less direct exposure to commodities and raw materials.


Trackback URI | Comments RSS

Leave a Reply

Name (required)

Email (required)

Website

Speak your mind