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

To: michael97123 who wrote (242410)	9/20/2007 9:51:01 AM
From: SARMAN	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. micheal, these days are different than the past. Today you a the Iraq war that the US government is paying for with printed money that has no backing. 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. No anymore. Unfortunately, the US is alone on this one. Especially when an unjustifiable war is on the horizon.