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Dollar woes poised to carry over into next year (Greenback is down about 50% vs. euro)
MarketWatch ^
| Novermber 29, 2006
| Wanfeng Zhou
Posted on 11/29/2006 8:46:56 AM PST by GodGunsGuts
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To: GodGunsGuts
This just makes our products cheaper for the Euro-weenies.
2
posted on
11/29/2006 8:49:12 AM PST
by
Lunatic Fringe
(Say "NO" to the Trans-Texas Corridor)
To: GodGunsGuts
Yes... The Democrats are that scary... :-( /sarc
3
posted on
11/29/2006 8:49:48 AM PST
by
coconutt2000
(NO MORE PEACE FOR OIL!!! DOWN WITH TYRANTS, TERRORISTS, AND TIMIDCRATS!!!! (3-T's For World Peace))
To: maui_hawaii; AmericaUnited; traviskicks; Thunder90; GOPJ; OregonRancher; expat_panama; remember; ...
To: GodGunsGuts
The systematic collapse of the dollar continues.
5
posted on
11/29/2006 8:54:28 AM PST
by
Rockitz
(This isn't rocket science- Follow the money and you'll find the truth.)
To: coconutt2000; Lunatic Fringe
I think you are both correct. Democrats scare holders of $ denominated assets. Trade deficit reductions are also inevitable.
I am reminded too of the idea that a declining dollar also forces the Chinese to loosen their peg.
The press will make a big deal out of the decline. The intellectuals will swear it's doomsday. The goldbugs will be out in swarms.
Mean time, cool hands are at the tiller, even when the seas are rough.
Amen.
To: GodGunsGuts
Let the dollar collapse and then let's have a few years of double-digit inflation to erase personal debts at the expense of the bankers who created the mess to begin with. It'll also be good to correct our trade imbalances as foreign goods become more expensive (without tariffs to piss off the free trade worshippers) and our exports become cheaper on the world market. It'll also lessen the value of the $2 trillion of our debt that China is holding.
7
posted on
11/29/2006 8:58:29 AM PST
by
PeterFinn
(B’fhearr Gaeilge briste na Béarla cliste.)
To: GodGunsGuts
8
posted on
11/29/2006 8:59:04 AM PST
by
NapkinUser
(Tom Tancredo for president of the United States of America in 2008!)
To: PeterFinn
Let the dollar collapse and then let's have a few years of double-digit inflation to erase personal debts at the expense of the bankers who created the mess to begin with.The bankers created the "personal" debt mess?
9
posted on
11/29/2006 9:00:53 AM PST
by
Petronski
(BRABANTIO: Thou art a villain. IAGO: You are--a senator. ---Othello I.i.)
To: GodGunsGuts
Look for a glut of euro-tourists coming to the US in '07.
10
posted on
11/29/2006 9:02:42 AM PST
by
proudpapa
(of three.)
To: nopardons; Toddsterpatriot; Fan of Fiat; 1035rep; jennyjenny; Mase; Moonman62; martin_fierro
Fear! Uncertainty! Doubt!
Fiat money!
Run away!
11
posted on
11/29/2006 9:03:29 AM PST
by
Petronski
(BRABANTIO: Thou art a villain. IAGO: You are--a senator. ---Othello I.i.)
To: GodGunsGuts
I'm no economist but doesn't this translate to a reduction in the trade deficit? Isn't that a good thing?
12
posted on
11/29/2006 9:05:19 AM PST
by
Ben Mugged
(Always cheat; always win. The only unfair fight is the one you lose.)
To: GodGunsGuts
New York City should be happy.
More "Tourists".
More Blue chip Real Estate will be sold to foreigners.
13
posted on
11/29/2006 9:06:35 AM PST
by
TET1968
(SI MINOR PLUS EST ERGO NIHIL SUNT OMNIA)
To: PeterFinn
Let the dollar collapse and then let's have a few years of double-digit inflationYou think that'd be a good thing?
It'll also lessen the value of the $2 trillion of our debt that China is holding.
You think China holds $2 trillion of our debt? LOL!
Did you get your info from Jerome Corsi?
14
posted on
11/29/2006 9:07:15 AM PST
by
Toddsterpatriot
(If you agree with EPI, you're not a conservative!)
To: PeterFinn
It'll also be good to correct our trade imbalances as foreign goods become more expensive How has our trade balance with Europe changed since the dollar dropped over the last 5 years?
15
posted on
11/29/2006 9:08:24 AM PST
by
Toddsterpatriot
(If you agree with EPI, you're not a conservative!)
To: GodGunsGuts
16
posted on
11/29/2006 9:08:43 AM PST
by
stopem
(God Bless the U.S.A the Troops who protect her, and their Commander In Chief !)
To: Ben Mugged
Isn't that a good thing? Why, has the trade deficit harmed us?
17
posted on
11/29/2006 9:09:36 AM PST
by
Toddsterpatriot
(If you agree with EPI, you're not a conservative!)
To: Toddsterpatriot
"Why, has the trade deficit harmed us?"
Not if you think this weak dollar is a-okay.
18
posted on
11/29/2006 9:11:54 AM PST
by
NapkinUser
(Tom Tancredo for president of the United States of America in 2008!)
To: PeterFinn
Don't forget to cut COLAs.
19
posted on
11/29/2006 9:13:31 AM PST
by
zek157
To: PeterFinn
Don't forget to cut COLAs.
20
posted on
11/29/2006 9:13:37 AM PST
by
zek157
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