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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (242376)9/20/2007 12:29:55 AM
From: c.hinton  Read Replies (2) | Respond to of 281500
 
Shhh....you are being too negative.It will be your fault if the dollar goes down.g



To: GST who wrote (242376)9/20/2007 9:14:42 AM
From: michael97123  Read Replies (2) | Respond to of 281500
 
history of past rate cuts say so. Market up, dollar up, gold down, commodities down. I didnt do the research but know the economist and saw the graphs. It doesnt happen every time just most and the overall numbers are very impressive. Rationale behind it is that US growth and consumer drive the world economy. Europe follows US up and then down. US is in downturn and will be snapping out of it just as euros begin to feel the same impact americans felt earlier. At that point US currency becomes stronger. Now this time could be different if bush continues the spending ways. I am expecting many vetoes from bush of many bills as reps stake their claim as conservatives. Yes i know he showed none of this early on in his admin. Its like hillary running to the left to get the nomination and then to the center in the election. Bush/reps must establish their creds too on social, economic and FP issues for better or for worse. Anyway thats the logic behind the numbers which dont lie.