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To: Nathan Zachary
YOU don't have a money deficit. Wonder why interest rates are going up and the dollar is sinking. Lucky we don't have to ship them gold to balance the trade deficits.

China will keep accepting our paper as long as they can buy out IBM's PC business. Maybe they could even invest in Wall Street that sure would jack up our corporate values.

178 posted on 02/18/2005 1:52:54 PM PST by ex-snook (Exporting jobs and the money to buy America is lose-lose..)
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To: ex-snook
Wonder why interest rates are going up and the dollar is sinking

It's called supply and demand.

181 posted on 02/18/2005 2:14:18 PM PST by Toddsterpatriot (Protectionism is economic ignorance!)
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To: ex-snook

Interest is going up? When?
Dollar sinking? GOOD!!!!
Go yell at the UN to force China to put their yen on the floating market, in the mean time, low dollar makes life easier as far as competing with foriegn markets goes.
Look at the Euro, over inflated and KILLING the Euro-peons, who incidently are on their knees begging for the Yen to re valued.

Gold? Yipppee! I love gold, even more so when I bought lots of it years ago when it was $237 an once.
(Psst! Silver payed off much better dollar for dollar.)

Your reading too much into the doom and gloom sayers stuff.
The reason gold shot up is because of places like Japan buying up all they could to prop up their currancy or dump it rather. Plus some other problems abroad.

Interest needs to go up, but so far it's not budging much.
It makes cash holdings hard to make money on.


182 posted on 02/18/2005 2:14:51 PM PST by Nathan Zachary
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