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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (37483)	8/26/2003 10:51:15 PM
From: EL KABONG!!!	Respond to of 74559

Hi Haim, Only wonder why the sudden ramp in the USD Because, while the Chinese economy remains as the world's only economy that's still running on all 8 cylinders of production, the economy of the USA remains as the world's only economy that's still running on all 6 cylinders of spending. The world's perception of the US economy is now "better" than it was only 3 short months ago. Besides that, many of us that post on this thread (and a few other threads) still believe that, as long as there are no other customers on the horizon for the combined Asian economies, the US$ will remain as a valued "commodity" in world trade. KJC

To: Haim R. Branisteanu who wrote (37483)	8/26/2003 11:30:16 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Haim, <<Only wonder why the sudden ramp in the USD>> ... ...because the USD empire, at its periphery, has a few hundred million Japanese working busily at making cars and top-end electronics/machine tools, and has 1.odd billion Chinese working diligently at making just about everythingelse, for the world. The factories in Japan are mostly owned by the Japanese. Many of the factories in China are owned by Americans. In both cases, the surplus generated by shipping the goodies to US consumers and global buyers are sent to the US to finance US spending, on stuff people do not need, purchased for with money they do not have, and to fund dangerous security operations, to keep the energy taps open. Isn't being an empire grand :0) until it becomes not affordable. In the mean time, the USD bobs up and down. Chugs, Jay