Dutch Central Bank Sale Announcement Imminent? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sea_urchin who wrote (19707)	12/5/2003 7:18:07 AM
From: mcg404	Read Replies (1) of 81250

Searle, <there is very bad sentiment towards the USD and the US economy, itself, which is, as we know, driven by unpayable debt.> No problem. We just inflate those debts away...which has always worked in the past. But, the guy at Contrary Investor thinks it might be different this time, and I think he has an interesting argument. This process has always depended, to some extent, on the simultanous inflation of wages. But with the globalization of labor, the wage inflation part of the process isn't going to be so easy this time. Check out these country specific wage rates: Country Hourly Manufacturing Pay In Dollars Japan $16.46 US 16.14 Europe 14.13 Singapore 6.72 Korea 5.69 Taiwan 5.18 Mexico 2.08 Brazil 2.04 China 0.61 Sounds like 'lower standard of living' for americans to me. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next