Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Haim R. Branisteanu who wrote (37483)	8/26/2003 11:30:16 PM
From: TobagoJack	Read Replies (1) of 74559

Haim, <<Only wonder why the sudden ramp in the USD>> ... ...because the USD empire, at its periphery, has a few hundred million Japanese working busily at making cars and top-end electronics/machine tools, and has 1.odd billion Chinese working diligently at making just about everythingelse, for the world. The factories in Japan are mostly owned by the Japanese. Many of the factories in China are owned by Americans. In both cases, the surplus generated by shipping the goodies to US consumers and global buyers are sent to the US to finance US spending, on stuff people do not need, purchased for with money they do not have, and to fund dangerous security operations, to keep the energy taps open. Isn't being an empire grand :0) until it becomes not affordable. In the mean time, the USD bobs up and down. Chugs, Jay

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