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US Dollar plunge could lead to full-blown financial crisis
The Straits Times ^
| 01.17.04
| William Choong
Posted on 01/18/2004 12:45:18 PM PST by Beck_isright
click here to read article
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To: dr_who_2
Wierdo alert.
What should we do?
61
posted on
01/18/2004 6:04:06 PM PST
by
Jaysun
(The liberal mind is so open - so open that ideas simply pass through it.)
To: templar
The Congress will have no other choice but to repudiate the debt.
To: Jaysun
You should get lost.
63
posted on
01/18/2004 6:11:02 PM PST
by
dr_who_2
To: Elliott Jackalope
"It's a new golden age for Zimbabwe!"
I hate to be the right wing version of the PC police, but that nation is still "Rhodesia" in my books. Zimbabwe is just the communist fantasy state created by that murderer.
64
posted on
01/18/2004 6:11:21 PM PST
by
Beck_isright
("Those who stand for nothing fall for anything."-Alexander Hamilton)
To: Beck_isright
Bump.
65
posted on
01/18/2004 6:13:11 PM PST
by
DoctorMichael
(Thats my story, and I'm sticking to it.)
To: dr_who_2
You should get lost.
I'm no weirdo you assrabbit. I'm a sleep deprived nut-case at the moment, but not a weirdo. My wife just had twins 2 hours ago.
66
posted on
01/18/2004 6:13:35 PM PST
by
Jaysun
(The liberal mind is so open - so open that ideas simply pass through it.)
To: arete
Oh yeah, the Asians are afraid that we'll suddenly start creating jobs. Good one.So you don't believe the major Asian economies are actively participating in America's de-industrialization to their own benefit?
To: Jaysun
Once again, thanks a lot.
Looks to intense for me. I'd wind up never eating or sleeping.
Like to invite you to chat with us daily on the market wrap up posted by arete. Send him a note to put you on the daily wrap up ping. In my study and trading of gold and silver equities I'm always watchin currencies. It's an integral part.
68
posted on
01/18/2004 6:23:45 PM PST
by
imawit
To: Last Dakotan
So you don't believe the major Asian economies are actively participating in America's de-industrialization to their own benefit?
Not to but in, but China and Japan have been manipulating their currency to keep it low in relation to the dollar. That way their trinkets and fireworks will be even cheaper when they hit American soil. A lower currency in Asia also makes for even lower wages compared to the dollar, and they've used that to help draw in jobs. President Bush met with them last October. Both said "no" to his proposal that they just let the market determine the currency values.
69
posted on
01/18/2004 6:24:56 PM PST
by
Jaysun
(The liberal mind is so open - so open that ideas simply pass through it.)
To: Beck_isright
Absolutely. It's worked great for Argentina! this isn't argentina, toto. does everyone think in extremes?
70
posted on
01/18/2004 6:31:20 PM PST
by
the invisib1e hand
(do not remove this tag under penalty of law.)
To: Jaysun
Congratulations.
71
posted on
01/18/2004 6:32:04 PM PST
by
sarcasm
(Tancredo 2004)
To: imawit
Like to invite you to chat with us daily on the market wrap up posted by arete. Send him a note to put you on the daily wrap up ping. In my study and trading of gold and silver equities I'm always watchin currencies. It's an integral part.
I'll do that. Maybe we can trade information that will help both of us out. By the way, you do know that gold and silver have a giant SELL stamp on them? I don't presume to know your business, but I do know that they should both be going down in value. Thank you sir. I look forward to talking with you, arete, and the other guys.
72
posted on
01/18/2004 6:32:56 PM PST
by
Jaysun
(The liberal mind is so open - so open that ideas simply pass through it.)
To: sarcasm
Thanks sarcasm. Two little girls - or "split tails" as my Great-Granfather calls them. Yes, the Greats are all still alive. The people in my family usually live into their 90's. My job is to take Gramps for some dinner, allow him to get dressed for pictures, and take him to see the girls. He's somewhat particular about what he eats. If it's too his disliking (which isn't too often) he goes into this tirade about how this could very well be his last meal and blah blah.....I didn't mean to go into a rant. Thanks.
73
posted on
01/18/2004 6:38:39 PM PST
by
Jaysun
(The liberal mind is so open - so open that ideas simply pass through it.)
To: Jaysun
That's nice. Do us both a favor, unplug, and attend to your wife.
74
posted on
01/18/2004 6:42:36 PM PST
by
dr_who_2
To: the invisib1e hand
does everyone think in extremes? The people in Wiemar Germany didn't...for a time. Got wheel-barrow?
75
posted on
01/18/2004 6:43:40 PM PST
by
Orangedog
(An optimist is someone who tells you to 'cheer up' when things are going his way)
To: Jaysun
Congrats...your first?
76
posted on
01/18/2004 6:44:51 PM PST
by
Orangedog
(An optimist is someone who tells you to 'cheer up' when things are going his way)
To: Jaysun
China and Japan have been manipulating their currency to keep it low in relation to the dollarYep, that's how they do it. Add Taiwan and South Korea to your list. Bush's response to this stonewalling was telling.
To: Orangedog
Congrats...your first?
I have two boys as well. However, this is my first (and last) pair.
78
posted on
01/18/2004 6:48:40 PM PST
by
Jaysun
(The liberal mind is so open - so open that ideas simply pass through it.)
To: Orangedog
The people in Wiemar Germany didn't...for a time. Got wheel-barrow? ooookay. i gotcha.
79
posted on
01/18/2004 6:48:56 PM PST
by
the invisib1e hand
(do not remove this tag under penalty of law.)
To: Jaysun
Congratulations Dad
80
posted on
01/18/2004 6:52:28 PM PST
by
B4Ranch
(Dear Mr. President, Sir, Are you listening to the voters?)
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