To: Alberta's Child
The market has good reason to behave this way. And it has nothing to do with trade deficits, either.Nonsense
Australia & Canada currencies are doing great. No trade deficit
EU ---Their Euro is appreciating against the US dollar because no trade deficit
My Polish friend tells me the Zloty is rising against the dollar
355 posted on
11/02/2007 11:57:27 AM PDT by
dennisw
(Four and a half acres of sovereign U.S. territory,anytime,anywhere ---- US aircraft carrier)
To: dennisw
EU ---Their Euro is appreciating against the US dollar because no trade deficitWhen the Euro dropped from $1.20 to around 83 cents, we had no trade deficit?
362 posted on
11/02/2007 12:02:34 PM PDT by
Toddsterpatriot
(What came first, the bad math or the goldbuggery?)
To: dennisw
Coincidental information doesn't necessarily imply causation.
The S&P 500 Index is about 45% higher today than it was immediately after 9/11. Does this mean that toppling several buildings in New York City and killing 3,000 Americans today will result in a 45% growth in the S&P 500 between now and 2012?
363 posted on
11/02/2007 12:08:06 PM PDT by
Alberta's Child
(I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)
To: dennisw
My Polish friend tells me the Zloty is rising against the dollarIt is and has been, I just checked. It was over four to a dollar three years ago, three to a dollar a year ago, two and a half today.
426 posted on
11/02/2007 3:21:16 PM PDT by
Revolting cat!
(We all need someone we can bleed on...)
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