|
What does supermodel Gisele have in
common with billionaire investor Warren Buffett (besides how sexy they both
are)? The Real Story is that they both believe the U.S. dollar is headed for
even more trouble and now they're both putting their money where their mouth is.
Gisele has reportedly... (Sidebar, your honor: God, if you happen to be
watching, THANK YOU for finally giving me a story where I can talk about
currency fluctuations and supermodels at the same time; you really are
all-powerful). Anyway, Gisele has reportedly demanded that some of her employers
-- like Procter & Gamble and Dolce & Gabbana -- pay her in Euros from now on,
and Warren Buffett has recently said that he's buying stocks of companies that
earn their income in foreign currencies.
I told you last week that the dollar has now lost over forty percent of its
value against the Euro in the last seven years, but gang, some top economists
say that very well may just be the beginning. I understand that currency
valuation isn't exactly the most riveting TV topic, but unless you enjoy paying
twice as much for almost everything you buy, then it's time that we all start
educating ourselves on this. There are things we can all do (like personally
getting out of debt and making sure our government does the same) and ways we
can mitigate the consequences of the fall, but we have to be willing to
listen...and there may not always be a supermodel available to make it
interesting. |
|
Research Articles
Show Transcript
Send us Your Real Stories!
If you've seen
a news story lately and thought to yourself that the media has it all
wrong, we want to hear from you! Send us the story you saw, along with
what you think the Real Story should be, by filling out the form below.
|
