Silicon Investor (SI) -- The First Internet Community

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.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (663521)	12/2/2004 9:31:35 AM
From: TideGlider	Read Replies (1) \| Respond to of 769667

Jallen...I see you remember the fear of the Japanese buying the USA lol Yes they bought Lincoln Center and many other truly American interests. They also lost them and sold at a loss. It all comes back home. If they sell the treasuries hard they make less and less on their sale. Then we buy them up lol They are stuck with us because we move the economy. China's boom would reverse swiftly without our purchases. ;) Europe hasn't had a boom since the industrial revolution.

To: jlallen who wrote (663521)	12/2/2004 9:55:45 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769667

"it ain't gonna happen..." Yep, foreigners who have lost 30%+ on their US debt and equity investments over the past 2 years (because of the dollar's fall), and are expected to lose another 10-15% this year, JUST LOVE making investments like that! (Like all smart investors... they APPRECIATE their investments TANKING.) The only things holding the dollar up now are: 1) the lack of suitable alternative stores of value. 2) the need to recycle their US export earnings. (I expect the final leg down to 'near-Argentina status' for the dollar, and the trigger for rapid interest rate rises and domestic recession, will be when China finally fulfills it's WTO promises and moves to float the Yuan.)