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To: John Vosilla who wrote (43883)1/5/2006 3:36:24 AM
From: regli  Read Replies (2) | Respond to of 116555
 
I don't expect disasters to effect the dollar much unless we experience a terrorist attack. The climate issues however carry a big political price in terms of world support and sympathy. It is tough and very expensive to be a world hegemon if you have to maintain your position by force.

However, I believe that the other fundamentals you mention are asserting themselves and the dollar will suffer from it.



To: John Vosilla who wrote (43883)1/5/2006 11:47:59 AM
From: LLCF  Respond to of 116555
 
<The stupidity of the current administration can be seen in that article on global warming>

Now by "global warming" I assume you mean "global warming due to human activity"?? Aren't the data and level of scientific agreement on these two quite different?

That said IMO Regi is right:

" The climate issues however carry a big political price in terms of world support and sympathy"

US may need some sympathy going forward.

DAK


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