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To: Southack
"Look, I hate to just pound on you, but that's just ignorant."

I think you misspoke here, you admit huge trade deficit lower the value of a currency but then you claim I am ignorate for making the exactly that claim.

Please clarifiy your position so that we may have a good debate.

54 posted on 11/27/2004 12:31:56 PM PST by jpsb (Ex)
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To: jpsb
"If the dollar crashes the GOP will be blamed for run away spending, huge trade deficits and loss of high paying jobs that brought about the crash."

A Dollar crash does *not*, repeat, NOT bring about huge trade deficits. The loss of high-paying jobs does not bring about a crash, either.

In fact, a crash in your currency kills your trade deficit. So the GOP will *NEVER* be "blamed" for a huge trade deficit after a currency crash...because there won't be any trade deficit.

...And that's a good thing.

74 posted on 11/27/2004 1:33:06 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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