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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (11614)	11/26/2001 10:55:48 AM
From: teevee	Respond to of 281500

Hawk, Btw Teevee.. Isn't praying for the collapse of the USD somewhat counterproductive? Afterall, a strong dollar HURTS American exporters. It makes US products even more expensive in economies like Canada, where their Loonie is only worth .62 cents. So if the dollar declines, and the Loonie climbs, it's going to work in the favor of US corporations. Yes it will, especially if the tarrifs are kept in place. Btw, how come the Canadian dollar is so much weaker than the USD? Could it be that global investment capital fails to realize all of the profitibility derived from those those modern and productive mills and overall Canadian entrepreneruialship? Its also global economic warfare practiced by America. I couldn't count the Canadian companies that have been bought up after they were beaten up first by unfare trade practises by the USA. Obviously they have the US beat on that account... Sad that the global investment community fails to see that and put the majority of their capital in US dollars, believing their best return will be realized there. Perhaps this is just a matter of "confidence". IMO, the king is wearing no cloths. Now who's hiding behind their currency, specifically the weakness in their currency? (wink, wink, nudge, nudge) Whats to hide behind such an erosion of purchasing power when most commodities are priced in US dollars?