The October 23rd “deadline” for solving Europe’s problem came and went. Instead of the 30%, then 50%, then 60% writeoff being demanded against the banks holding Greek debt, a 100% loss is looking more and more likely.
The Dollar vs Euro is close to 1 Euro = $1.40 USD (the Euro started out at 1:1)… It now takes less than 96 yen to buy a dollar. Europe is close to the crash, but it’s the dollar people are worried about the US dollar.
In more important news, the World Series may end tonight!