Saint George won't be happy as US unemployment rises

[dune]

While Britain and EU countries continue to recover from the credit crunch spare a a thought for the poor old US of A. This dinosaur of a declining superpower is now in need of more quantative easing. What this will mean is that the Dollar is set to weaken which will mean that sterling and the Euro will strengthen which in turn means more wonga to the pound for anyone travelling abroad. So if you've got a trip planned i'd suggest you hold fire at the Bureau De Change for as long as possible as sterling continues it's steady recovery.

 

http://news.sky.com/skynews/Home/Business/US-Employment-Falls-Twice-As-Far-As-Feared-In-July-Fuelling-Concerns-The-Recovery-Is-Losing-Pace/Article/201008115678296?lpos=Business_First_Buisness_Article_Teaser_Region_0&lid=ARTICLE_15678296_US_Employment_Falls_Twice_As_Far_As_Feared_In_July_Fuelling_Concerns_The_Recovery_Is_Losing_Pace