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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)
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To: dennisw
EU ---Their Euro is appreciating against the US dollar because no trade deficit

When 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?)
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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.)
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To: dennisw
My Polish friend tells me the Zloty is rising against the dollar

It 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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