--the worlds businesses that is, while the doom and gloomers will manage to be scared. Take that "SCARY" chart in 'post#1' (please). Of course if we look at the rest of it we can see that the exchange rates are simply coming out of an excessive peak. IMHO the reason that these clowns can get away with this crap is because they know that both the democ s and the noisiest of the freepers will just lap this stuff up.
You can bet that if Kerry were elected, they'd be using these very same numbers to announce that the international markets are liberating us from the terrible Bush economy and taking us back to the our lost glory days of the wonderful '90's.. |
I have to also add that Carter was an idiot (big surprise) for running a weak dollar policy.
And while you're at it, look up a long term chart of the CRB index.
My own income grew substantially during the flat times and lower legs (both coming up and going down) on those peaks. But the peaks themselves, ouch! I say, let it fall man! It's almost there, don't stop it now! :=)