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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Haim R. Branisteanu who wrote (40634)11/1/2003 8:02:22 PM
From: TobagoJack  Read Replies (2) of 74559
 
Hello Haim, <<I can care less about paying more for my sofa as long as it is made in the US and I know that another fellow US citizen enjoys a better life from my spending>>

... is at once quaint in a retrograde way, noble in a tilting-at-the-wind-mill fashion, economically unhelpful as in illogical, and therefore probably not a good idea.

More better, as in advisable, would be that you give you money away to another countryman without conditions attached so that he too can live in a magnificent house furnished with valuable imported furniture, drive an uncalled for imported SUV, requiring Homeland Defense Ministry to secure, xenophobia to maintain, and mucho fiat to keep the Ponzi scheme in working order.

To be really helpful, you should convert your Euros back to USD, to better increase the purchasing value of that dictate currency, so as to allow a better standard of living for other countrymen.

Look around yourself, and determine just which countrymen is going to be making furniture at what cost relative to which global competitor as equalized by exchange rate, and at that exchange rate, how many of your other countrymen will be hurt?

The big picture is so complicated and delicate at times.

OTOH, this <<Buying only cheap product from overseas back fires at the end>> may also turn out to be correct. It is part of the almost inevitable TeoTwawKi logic.

Knowing you will not forget to come back eventually with "what is your suggestion?", I recommend free markets, free trade, free choice, freedom, and lest we forget, small government ;0)

Chugs, Jay
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