Posted on 09/17/2007 6:59:59 PM PDT by kellynla
sorry, I can’t help you with dollar/pound...
I trade S&P Futures :-]
You have the situation pegged wrong.
Greenspan only now, in his old age, is finally able to tell it like it is. His warnings now will go down in history as prophetic as Washington’s farewell address. Greenspan has no one and nothing stopping him from going out and calling a spade a spade.
This is good stuff, it needs to be in the open to the general public, and the conversation would do well for the nation to shift towards more realistic terms regarding currency exchanges, deficits, balance of payments and there is no one better to jumpstart the conversation.
Not yet Kelly. Do I think they both are dufuses in their own right, yes. I do think the father had a lot going for him, but he made fatal mistakes during his second campaign. I sure do.
Both are/were prone to make serious mistakes. I wish it weren’t so, but that seems to be the case.
If I’m missing something, fill me in.
many European countries are lowering taxes and shrinking their welfare states. They already have a lower corporate tax.
Now what do you think will happen if the dems win the next election and Sarkozy turns France around?
What happened to saying, “no comment.” There is nothing this idiot won’t do for attention. STHU already! This guys judgment at not interfering with the Fed is abominable. And this is the guy that gets the credit for the boom times since 1985. I’m really beginning to think the economy was good, not because of but in spite of this egotistical prima donna.
That means that currencies are headed down against commodities and gold.
The decision has already been made. There is no other viable choice.
BUMP
We heard this when the Euro was only $1.31.
It's risen 9% against the $ in one year alone.
Oh, so the higher it goes, the more we should buy? You first.
Actually I thought people bought on the speculation something is going to continue to go up.
And if they had done so on the "record high" a year ago, they would have made a nice 9% on their investment.
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