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To: Professional

Hey Air bus is hurting. But you know what. So is every American that actually has savings. The day may come soon when it costs $1000.00 for a loaf of bread. Just ask other country’s that have gone down this road.


35 posted on 11/22/2007 8:03:24 PM PST by Revel
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To: Revel
In theory, the weak dollar, should boost your savings. It does not correlate immediately, there is a lag effect. Normally, when you see a major decline in a nations currency, you typically see growth in that nations equity market. The market lags the currency. But, a very reliable predictor normally.

Also, when the currency weakens, the business climate improves, a strong economy making a stronger paycheck. Later, the only thing that appears lower, is the debts you owe.

Again, I don’t want to totally dismiss the risk/threats of a weak currency, but they should not be overstated either. Frankly, a very strong, unusually strong currency is far more dangerous. See Japan as an example of that, and give it time, China will make Japan look like a very healthy robust economy...

41 posted on 11/22/2007 8:09:09 PM PST by Professional
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To: Revel

Um... no.


42 posted on 11/22/2007 8:12:16 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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