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Strategies & Market Trends : The coming US dollar crisis

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To: gregor_us who wrote (5401)3/24/2008 4:50:38 AM
From: stan_hughes   of 71455
 
Oh really? May I quote what you said here? Message 24398732

"While we are no longer a significant manufacturer, or exporter - we do indeed manufacture, especially Electronics Equipment and Components. We also have a lot of Coal and Grains to export. None of this changes the underlying situation that the the USA (The Empire of Debt) faces. But, it does tweak at the margin"

Look at the data. The value of US coal exports means absolutely diddly-squat on a macroeconomic basis and it consequently means virtually nothing to the exchange rate of the USD. That's not open to interpretation, opinion, debate or discussion, the numbers are what they are. Do not mislead yourself into thinking something like coal is going to help save the USA

Nothing personal, and it's not a big deal, but lots of people read these boards. Nothing wrong with theorizing in public (I do it all the time) but we need to keep our supporting facts straight
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