John Pitera's Market Laboratory 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.

Strategies & Market Trends : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cogito Ergo Sum who wrote (12272)	4/11/2009 2:14:48 AM
From: Hawkmoon	Read Replies (1) of 33421

How do you think the decreased trade deficit is going to fare for the USD? I know a lot of gold bugs are betting on the dollar collapsing, but seems the lower trade deficit numbers game it a bit of a boost. news.xinhuanet.com I dunno but I think China is in a better position.. I believe tat the US is more boxed in.. I know that would be the rational call, given that China has $2 Trillion in reserves and we're in hock to them. But our society if much more flexible than their's, IMO. It's easy to be a one party state when all the times are good, but a huge portion of the Chinese population has seen the "good life" and then seen it taken away from them as they are sent back to their farms after being locked out of their factories. Chinese unemployment, primarily due to diminished exports to the US, is rising and this article cites a report that the Chinese unemployment rate could rise from 4% to 14%. That's GOTTA BE pretty frightening for the ruling government officials. thetrumpet.com Once an "entitlement" is given, there's hell to pay when it's taken away. And that "good life" was being perceived as an entitlement for all the decades of enduring communist rule. Hawk

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next