[DoctorMichael]

FYI.................................

This was a 'Letter to the Editor' that caught my eye this morning. The author is a business school professor who's opinion may carry some weight.

[Pylot]

China is going to float the Yuan this fall, September if I remember. It will go up in value substantially.

If you want to make a quick buck, buy some Yuan today.

[Last Dakotan]

And besides talk what does our government do about this.... (crickets chirping)....nothing..

[RightWhale]

the drop in the dollar

The dollar has risen against the Euro recently. And aginast gold. Oil is up, though, which ought to wake up economic forecasters so they look beyond this afternoon. The price of gold is not critical to the economy, but the price of oil is fundamental.

[searchandrecovery]

Overall, the U.S. trade deficit with Asia and currency manipulation are costing about 1.3 million U.S. jobs.

Bush allowing this to continue is criminal behavior. All economists promise jobs in the future - this is bs. All economists declare that "creative destruction" of jobs in America is Good - this is bs. Bush is at risk, here's why...

The perfect storm of u.s. job decimation: 1.H1-B/L1 visas, 2. Outsourcing, 3. Illegal Mexicans, 4. OPIC, 5. Stupid trade agreements. There will be no net increase of jobs by election day - mark my words. Bush is toast.

[Mackey]

...China is soaking up oil, steel and other vital resources at a record pace, running up the price of these critical materials and wreaking havoc on U.S. manufacturers.

I can testify to the increase in prices for nickel alloys. I purchased a 4' x 10' sheet of 1/4" thick alloy 600 for $3,400 in October '03. By January the price for that same sheet had risen to $5,200, more than a 50% increase in cost.