Posted on 10/25/2010 7:37:43 AM PDT by jpl
The US dollar has hit a 15-year low against the yen after the G20 nations agreed to avoid a currency war.
The weekend talks, in South Korea, saw the group of 20 major advanced and developing nations, agree to avoid competing to lower their currencies.
(Excerpt) Read more at bbc.co.uk ...
And oil prices will soon jump
It sure is; all too well. The potential corrective comes in just eight days.
Oil is starting to rise, along with soy, corn, wheat, and other commodities. The American public is getting poorer and don’t realize the extent of it yet(think food and energy prices)....
Excuse me. He calls it a "managed decline".
Sorry, George. Didn't mean to go all Juan Williams on you there.
Way to go Helicopter Ben!
Where are the Jobs?
Now we’ve hit a patheticc mark, when the yen is catching up with the dollar because the value of the dollar is declining.
And on that good news, the DOW will most likely finish higher today.
The people who work on Wall Street are sick jokes. I would like to know how so many of those people have bought into the fiction that nothing has changed in America since Onada’s usurping of the Presidency. I wonder what they tell their kids when asked: What do you do mommy or daddy? More lies I guess. Surely there must come a point at which otherwise intelligent adults understand their life has evolved into a deceiptful cesspool.
When their world finally does crash, I will be against offering them a bucket of spit.
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