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Politics : Foreign Policy Discussion Thread

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To: American Spirit who wrote (1336)1/1/2003 8:47:15 PM
From: Hawkmoon  Read Replies (1) of 15987
 
expect the dollar to weaken more with ballooning Bush debts.

Possibly.. But that will have a major impact upon those nations who rely upon selling into US markets.

And considering that some major nations in Europe are already enduring double digit unemployment, this can only exacerbate those pressures.

Thus, expect the central banks of Japan and Europe to coordinate in propping up the Dollar by printing even more of their own currencies and buying the USD.

More discussion on Currencies and FOREX can be found on this thread:

Subject 20640

I don't mind discussing FOREX stuff here in a broad theme as it relates to foriegn policy, but we all could stand for a bit less of your partisan politics.

Hawk
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