WAR on Terror. Will it engulf the Entire Middle East? Message Board

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Politics : WAR on Terror. Will it engulf the Entire Middle East?

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Dec 18 4:00 PM EST

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To: Scoobah who wrote (12826)	2/18/2006 1:17:23 PM
From: Peter Dierks	Read Replies (4) of 32591

OT I have a large amount of paper profits in investments in non dollar denominated securities. IMHO I have much smaller actual profits, because the dollar is losing value. As a business major with busniess background, economics has always been a concern of mine. The most important economic number is the trade deficit or surplus. If you read through business success books you will almost always find some statement like: "The name of the game is how is indebted to whom." (Kiyosaki) [Don't get too keyed up into his philosophy.] As I have said before, the trade deficit and foreign holdings of US securities are the greatest threat to Americans' livlyhoods. The simple example I use is obtaining a mortgage. The lender wants to know how much you owe to whom. If you owe too mcuh, you carry too much risk, and they decline your request. On precious metals, I have enough medium term profits that I may lighten my investments. My energy investments have fallen off thier peaks, but I am comfortable with them. I have been in and out of a few different foreign stock investments, but keep some of my portfolio in non dollar denominated securities. M3 is M2 plus large illiquid time deposits (over $100,000); it also includes "Eurodollar deposits, dollars held at foreign offices of U.S. banks, repo agreements on U.S. government and federal agency securities, and institutional money market funds." It is probably not as valuable of a measure as it used to be. People are less likely to tie up funds in large bank savings accounts, preferring mutual funds. The data will still be available for those willing to do the work. How long do you think this has been in the works? Did Greenspan keep them from shutting it down?

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