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To: Taikun who wrote (2954)3/3/2006 2:42:37 AM
From: Andrew  Respond to of 29622
 
Even if or when some of these countries start trading Oil in Euros it still will be just the Euro conversion from the $USD price ; )



To: Taikun who wrote (2954)3/3/2006 9:02:48 AM
From: re3  Respond to of 29622
 
have you read the friday national post ? there's an article about Canada lookin' like Switzerland economically ... wasn't the canuck buck a buy when the IMF was supposedly on the watch ? maybe the canuck buck is a sell now !



To: Taikun who wrote (2954)3/3/2006 12:34:02 PM
From: NOW  Respond to of 29622
 
all very true T. but in the long run all currencies become worthless, some in the short run. of course in the long run we are....



To: Taikun who wrote (2954)3/3/2006 12:36:59 PM
From: Peter Dierks  Respond to of 29622
 
Contemplate the trade deficit and the budget deficit in terms of a family going for a mortgage.

Banker: What is your income? List and total your debts.

Supplicant: provides data

Banker: I see your debt is very high. Oh dear, your mortgage service would exceed 28% of your income. You only qualify for bad debt at high interest rates.

Banker to assistant: Watch this loan carefully for signs of default.



To: Taikun who wrote (2954)3/3/2006 1:05:24 PM
From: NOW  Respond to of 29622
 
T: there are as you say many apparent US dollar hater writers, but how many haters have positioned themselves accordingly...everyone is long US dollar assets, BUT also long US dollar debt. that to me is the part that no one can actually decipher where this goes intitially