Posted on 10/25/2007 8:12:27 PM PDT by Philistone
To read the MSM headlines (which I try not to) the falling dollar is the end of the world. Maybe Wall Street should get a Noble Prize for their work in "Global Dollar Cooling". But seriously, what are the effects of a weak dollar?
1) Increased exports. Last month's exports were among the highest on record. Trade deficit? What trade deficit? Boeing, Caterpiller, Microsoft, Apple, etc. all with surges in foreign export sales.
2) Outsourcing? What outsourcing? All of the sudden it becomes cheaper to employ an American technician than one from Bangalore.
3) Cost of living? (I love this part!) Since China has pegged the Yuan to the Dollar, everything we get from China costs exactly the same! Maybe this will convince them to unlink the Yuan. Then we'll REALLY see who's the best producer.
4) Buhh... buhh... buhh... but foreigners will stop buying American Treasuries! What? In order to buy Russian ones? Chinese ones? Venezualian ones? Give me a break.
A weak Dollar equals: more exports, more jobs, more tourists (spending money) and the same or higher standard of living.
Bring it on!
Now I’m laughing...too funni! The guy gets off the radio, and looks around, wondering where all his platoon members went (lol)
If I remember correctly, Joe spent some time with the artillery. (I may be wrong).
“Almost worth calling in a Mod artillery strike on your own position.”
LOL! When I reread it this morning, I saw it was not only stupid, but indefenceable. Like my Aunt Joan once told me
“If 3 or more people say you look sick, lie down”
Been one crazy day :))
“My best learning experiences have been my biggest mistakes!”
My post reminded me of the day in 2000 when I sold my MP3
stock for 12 bucks a share. I made 4 grand in a week....not bad for 2000 shares. Later that day, the stock went to 40...........
If you click on the link, there is a link to an annual report.
“Almost worth calling in a Mod artillery strike on your own position”
I think we invented something here...........”Suicide by Post” :-)
2 in the bush...1 in the hand. What caused the spike?
“Weren’t you the one who was leaving the thread more than 100 posts ago because it wasn’t fun (or funny) and longer? Just checking.”
It’s fun now!
Yes, only the reason was so that I wouldn’t say something that would get me banned. There are ‘real liberals’ that have a price on my username, and I wasn’t in the mood to get banned today. Thanks for asking.
Now will you answer the question I posed to you? 2nd request.
Here’s a morning headline for ya :) Hell, we’ll just watch it cross 100 on this thread eventually.
‘Oil crosses $92 on Middle East discord Anchorage Daily News, Alaska 11:04’
~~~
Well now,,,ain’t got far to go,,,
Trick or Treat may be all Trick...no Treat...;0)
“Suicide by Post”
New in nomenclature maybe, but I have indeed seen that happen (lmao)!!!
Hey CM...this is a humdinger of a thread :) Lot’s a mud-holes, landmines and popcorn for all!!! LOL
That was my surprise sneak attack...I snuck up from ‘in front’ :)
“2 in the bush...1 in the hand. What caused the spike?”
A major litigation settlement agreement. If I had been paying attention, I would have held it to 40, and then shorted it.............cost me about 60 grand : )
“That was my surprise sneak attack...I snuck up from ‘in front’ :)”
I won’t tell anyone!
Ahhhh, the ole’ due diligence thing. That surely was not a good night sleep :)
I found a better link for the auditing of the Federal Reserve:
http://www.federalreserve.gov/boarddocs/rptcongress/annual06/pdf/audits.pdf
Interesting how a gumball can become so complex isn’t it? (lol)
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