The strength of a nation’s currency is a barometer of how the world views that nation’s economy. The U.S. dollar has been falling like a stone in recent months. Does that tell you something?

Father Dollar

"You grow weak, Father Dollar," the trader said,
"And now sag ‘gainst euro and yen;
Perhaps I’ll seek elsewhere for safety instead,
Then come back—though there’s no telling when."

"What’s all this," Father Dollar cried out in deep shock?
"How you loved me in recent times past;
You’d buy all my bonds and collect all my stock,
I felt sure it was destined to last."

"That was then," shrugged the trader, "we live in today,
Your current account is a mess;
Your people will not their consumption delay,
Why should we pay ‘cause they won’t spend less?

"Don’t be cruel," pled the Dollar, "why can’t you be nice?
You know in my day I was kind.
I squeezed with a smile, and gave free advice,
Be a sport—help me ride out this bind."

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