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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (372878)3/6/2008 9:13:10 AM
From: tejek  Read Replies (1) of 1576178
 
Booboo,

This is an experiment........you are probably the smartest of the GOP monkeys so from time to time, we try to get you to understand what's happening in the world so you can go back to your fellow apes and explain it to them. So then, drop your banana and listen carefully, the US financial markets are in turmoil and the dollar is hitting new lows. Why you ask? Well the screwups by your head apes are finally coming to roost in the financial markets and the dollar is sliding badly. That means the US and any country tied to the dollar is getting hurt by oil imports. Not the EU of course, not Russia nor Japan....but places like China are. Of course, China is strong beyond the dollar....so really its only the US of the big countries that's in a total mess. And because the rest of the countries in the world know its the US that has screwed up so badly, they don't have a lot of sympathy. So 'the leader apes' in other countries are telling your apes to get their act together but you see they can't because your leader apes aren't too bright and would rather play on their jungle gyms than think this one out.

So, booboo, the rest of us won't be able to play with you guys as much as before, cause we've got to figure out how we protect ourselves in this latest mess created by your ape leaders.

Euro Hits Fresh High Against Dollar

By Riva Froymovich

NEW YORK -- The euro notched another all-time high against the dollar during European trading, and the U.K. pound reached a high for the year, as the central banks of both voted to hold interest rates steady Thursday.

The euro reached $1.5348 and sterling continues to gain into the New York session, recently being at $2.0056. The dollar also hit a historic low against the Swiss franc at CHF1.0282.

Several factors are weighing down the U.S. dollar Thursday morning -- all tied to the expectation that the U.S. economy's slide is not over.

online.wsj.com
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