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To: benwood who wrote (65831)5/29/2007 1:46:51 PM
From: NOW  Respond to of 116555
 
The GERM, or, Commie dollars
By Chris Sanders
May/29/2007

For all the angst it generates, the US dollar is holding up pretty well. It is frequently described as being in a state of collapse, but it is hard to see how this is the case. It trades today pretty much where it traded two years ago against the euro. Against the yen it is in the middle of the range that has prevailed for the last seven years. It is weak, to be sure, against the currencies of commodity intensive economies like Canada and Australia, but you might expect that to be the case in a commodity cycle like the one prevailing now. If this is collapse, then gods help us if we encounter stability. We’ll all die of ennui.

I suppose the dollar could collapse tomorrow, or next week, or next year, or sometime in the next decade. If the only thing that mattered in the world of currencies were the national accounts of the country of issue, the dollar would have long since ceased to be used anywhere outside the world of note and coin collectors, where it could take its rightful place alongside Confederate dollars, Reich marks, Abbasid dinars and cowry shells. This is not, I reckon, likely to happen any time soon, unless the increasingly concentrated oligopoly that is contemporary international finance decides it can make more money out of a dollar collapse than it can managing the global exchange rate mechanism – the GERM – that prevails today. Personally I doubt that is going to happen any time soon. "
sandersresearch.com



To: benwood who wrote (65831)5/30/2007 2:28:47 AM
From: kikogrey  Respond to of 116555
 
Around my house we joke about the most pressing disease of the year just happens to be the one that there's an expensive drug out for.

"Restless leg syndrome" --so yesterday
Depression-good for all seasons
Hormone replacement therapy -oops- guess we blew that one for a couple a decades (but what a con --from menopause till you die!)

Now that direct patient advertising has taken hold notice that a certain disease or "syndrome" will get a lot of press (negatively) and viola!! an expensive drug/therapy will appear.



To: benwood who wrote (65831)6/7/2007 7:06:36 AM
From: yard_man  Read Replies (2) | Respond to of 116555
 
doctors == high priced drug pushers -- for the most part today. The solution to every malady (real or imagined) is a compound. It's no wonder drugs are such a growth industry -- self-perpetuating.