Darleen > You can purchase far more products at far less cost. Problem is most of it is bought as deposable increasing the size of our dumps.
Sure. And it shows how cheap the Chinese goods are -- and how "expensive" the USD is in relation to those purchases. Something has to be wrong when used merchandise has no value.
> Blix feels that our actions in Iraq served to increase terrorists.
Chicken and egg.
> The whole darn middle east could become a war zone.
Yes, that's what I think and also what I believe the plan was all the time. Terrorism is just the pretext for the destruction of Islam of the confiscation of Muslim oil.
> Nothing appears to be boding well for the US$.
In theory, yes, but practically, no. I'm sure you are aware that, despite the oil price increase, massive debt, Iraq, inflation, political uncertainty, you-name-it, the value of the USD is higher now than at the beginning of the year.
stockcharts.com[l,a]dalaynay[de][pd50,2][ilb14!la12,26,9]
There has to be a reason why someone still wants dollars. And it's certainly not the currency speculators.
> Pending on the political climate she could end up being forced into unpeg.
That's the story but I see no reason why it should happen. China is happy with the relationship as it is and, I believe, so is the US, although they won't admit it.
Anyway, it's an ill wind that blows no-one any good. Did you hear that legal costs in the US might fall as lawyers are "outsourced"? Unfortunately, the rest of the story is not so nice.
money.cnn.com |
