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Dollar going down fast....under 107... chart link
INO Charts ^
Posted on 06/25/2002 8:10:33 PM PDT by BlackJack
With Worldcom news out, futures down and US Dollar going down hard tonight. Click INO Charts
TOPICS: Business/Economy
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To: AAABEST
Just to mention....I was surprised to learn the EU nations actually
have a small TRADE surplus.....thats better than the US. EU is also
running budget deficits as they are more socialist.....but.....the fact that they don't have a huge trade deficit makes the Euro look better. These are interesting times. I never bought into this
"service economy crap".....we can't export services. We have been
losing Manuf jobs every year for decades. What the hell can we export besides raw logs, subsidized grain and software? We are in deep shit. Remember.....Prosperity is Just Around the Corner!
Sound familiar? Can you say "double dip"?
To: BlackJack
Hi friends. All this good ol' money talk has me wondering what I can do with some little chunks of pure gold nuggets my grandma gave me. They aren't big at all, but I am thinking I can at least sell them so I can buy a few packs of guitar strings or something. Where would one go about selling this type of stuff, just head to the nearest jewelry shop??? Thanks for the help folks.
To: BlackJack
Buy GOLD Now!
43
posted on
06/25/2002 9:46:48 PM PDT
by
GoldMan
To: Parmy
It also makes our products cheaper on the world market. That will enhance our exports and give a boost to the economy and create jobs. That would be great if we actually produced something in this country to export.
Win the game and your complete registration fees are covered for FRiva Las Vegas.
To: BlackJack
service economy crap= Carny Capitalism
Carve up the cow long enough and before you know it ya cant milk her.
To: Alberta's Child; meyer
Psychological factors, like CONFIDENCE play huge roles in markets. Foreigners have little confidence in Bush.
47
posted on
06/26/2002 5:49:11 AM PDT
by
gjpino
To: gjpino
I think that's a stretch. Some of the more vocal socialists in Europe don't
like Bush, but that has nothing to do with confidence. Besides, its irrational to equate "confidence" in a President with private investments in corporations unless that country is a radical third-world country like Zimbabwe. And the US ain't Zimbabwe.
What people have lost confidence in, if anything, is the highly inflated earnings reports that we've seen being exposed over the last several months. There's a great fear that there are a few more Enron/Worldcom situations, and the fear is not unfounded. When a huge auditing company decides to cook books, there's trouble in paradise.
Besides, its high time that the Clinton bubble got burst anyways. It was certainly a house of cards and unsustainable.
48
posted on
06/26/2002 6:02:36 AM PDT
by
meyer
To: gjpino
Foreigners have little confidence in Bush. What is your agenda?
Investors don't care about Bush's politics. They only care about markets. Presidents have almost zero influence over markets or the markets would always be rising.
49
posted on
06/26/2002 6:07:08 AM PDT
by
Dog Gone
To: gjpino
Confidence certainly does play a huge role in markets, but I'm quite sure that any foreign investor who bases his investment decisions on his "confidence" in the President of the United States has probably never had more than $100 to his name anyway.
To: Dog Gone
What is my agenda? LOL, what do you think it is?
My wish is to see a conservative/libertarian (notice the small "l") viewpoint implemented in Gov't. And Bush is neither capabale or willing to do it. At worst, he's on the left, at best he's wishy-washy.
51
posted on
06/26/2002 7:10:08 AM PDT
by
gjpino
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