Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: dennisw
Dennis, please tell me how China is profiting while their currency is pegged to ours and the entire EU is raping them of their goods because of a huge increase in their purchasing power. And don't forget, we've been using their savings to provide easy money for our business expansion. They get 2 1/2 to 6% on their purchases of our debt. We turn around and use the liquidity injection to earn up to 12% with it. You're going to end up getting what you want; the trade deficit will shrink and with it: inflation will creep in, interest rates will rise, money will be tight, businesses will contract, earnings will fall and so will U.S. equities - twice as hard because there will be a P/E contraction too. Be careful of what you ask for Dennis, 'cause you may just have much more to bitch about later.

One day their guns will be pointed at Americans. Then what will low county joe have to say?

"Nurse, I'll hold Dennis down while you give him the tranquilizer. Can someone hurry up wit those straps pleeeeeassseee?!?!?"

34 posted on 12/11/2004 6:26:32 PM PST by LowCountryJoe (Many things in moderation, some with conservation, few in immoderation, all because of liberation!)
[ Post Reply | Private Reply | To 18 | View Replies ]


To: TexasCowboy

ping


35 posted on 12/12/2004 1:28:15 AM PST by B4Ranch (((The lack of alcohol in my coffee forces me to see reality!)))
[ Post Reply | Private Reply | To 34 | View Replies ]

To: LowCountryJoe

LOL! So low US trade deficits are against your economic philosophy. What kind of kool aid are you drinking? Your entertainment factor is diminishing. I come from the real world where being in hock to foreigners is a bad idea. OK in small doses but not to be glorified.


36 posted on 12/12/2004 1:32:54 AM PST by dennisw (Help put the "Ch" back in Chanukah)
[ Post Reply | Private Reply | To 34 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson