All I know is that my salary ($ based) has dropped by hundreds of shekels in the past months, where as the price of food commodities has gone up. At one point people in rentals were gaining but even that has stopped, as landlords have either converted to shekel rates, or have used a fixed $ rate. Basically we are losing all round!

simply export more to europe the euro and the pound arent falling and our economy growth is bigger then the american anyway

the pound has gone from 8 to 7 and the euro has dropped a few points but not as drastically.

Some people are asking $900 for a rubbish run down 3 room apartment!!! It's time for guidelines and laws to be brought into play here. People's salaries do not go up to cover the astronomical amount of rent that landlords are asking. Besides, most of us earn Shekels, it's irritating when rent and house prices are given in Dollars. It's ISRAEL not the USA.

This is the long term result of the moneycangers screwing everybody to the wall. When the Romans had transfered their wealth into a few people's hands there was no money in circulation to grease the economy. Wasn't long after,Rome fell. "History doesn't repeat itself,but it does rhyme" Mark Twain

I live in Israel since 1950 and I have yet to see any prime minister hold an emergency meeting when workers wages went down as a result of a strong dollar. No inustrialist in Israel was alarmed for decades as the dollar got stronger and wages went down,all of a sudden they want the government to pay (i.e the israeli tax payer) for their decreasing profits. Let them pay with the enormous profit they made during the years. It shows though,that the Israeli government is working for the welfare of the rich and could not care less about the welfare of the working people,

The prices on all food items, electricity, and rent keep going up and up yet our salaries stay the same and we cannot keep up with the pace of the cost of living for much longer! Raise minimum wage so that everyone who is working can afford to eat ,pay rent and electricity! Thankyou

The industriy needs profits to keep creating jobs.....If they don't make money then there are no jobs...Have you thought about this when you made your point?

They are shorting it just as they did the wonderful Bear Stearns which collapsed today. These investment banks are dogs with fleas. Our currency will continue to go lower. We are repeating the 1929 fiasco al over again. These banks and bond agencies are in real financial trouble. So is the dollar. I would be very careful of any US financial stocks in the near future. In fact.....I'd be hesitant to invest in the market altogether. President Bush is to stupid to bail out the bad home loans and mortgage mess. It's going to implode right in front of our faces. They are hoping someone will buy Bear Stearns over the weekend. The 516 Trillion dollar Dirivatives market collapsing.............................is what Ben Bernanke is really sweating as we speak. If the Dirivatives market goes......the United States economy goes down like the Titanic. The United States citizens are sitting around like sheep.....unaware that this financial collapse is even going on. If you have money in US stocks....stand by for a roller coaster ride. We just peaked this month on the Alt-A home loans, that were slapped onto the foreheads of suckers, who bought their homes. This has another year of home defaults to go, before all is said and done. The same thing happened in the 1930's. Depression anyone? Watch your back in the investment game. Everyone is shorting Merrill Lynch and Lehman Brothers today. Who knows how their roller coaster ride will pan out.

of owning Merrill Lynch and Lehman Brothers to the clients who read your articles. It's on your heads if you don't allow them to be warned about the markets shorting these stocks in the United States. It's bad enough that the United states goveernment keeps us in the dark about what is really happening. Bear Stearns said on Tuesday there was no liquidity problem. On Wednesday the Government said there was no liquidity problem in Bear Stearns. On Friday the company has gone bankrupt from a run on the bank. Someone is hopefully going to buy it over the weekend? If Lehman Brothers stock loses another 50% without your printing my Talkback......and Merrill Lynch loses 50%.........who do your clients have to blame? Obviously you don't get it any better than Bush. The United States economy could quite possibly repeat a Depression, because the United States government is to damn inept to deal with a financial crisis. If I had warned you that some idiot was a terrorist threat.....would you print it.......or let innocent people die. Your readers are going to lose money if they stay in these stocks. Do them a favor and warn them. The whole US financial system could collapse over this Dirivatives mess. Bush has his head in a hedge ignoring the problem. Bernanke won't bail out the home owners. This death spiral is going to keep flying towards the ground until someone wakes up and does something. Losses are immenent for all involved..Unless you short the stocks.

he is probably worried about his accounts around the world. he does not make the impression that he is interested in this country. if he was he would and should resign. the same goes for stanley fischer.