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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (16626)1/24/2009 1:05:58 AM
From: maceng22 Recommendations  Read Replies (1) | Respond to of 71454
 
the U.K. over the past decade gutted their already shrunken manufacturing base as it shifted headlong into “services” and finance.

any thinking person could see this was a ship headed straight for the rocks. I'm just one of the many who used to be in manufacturing. At least you strived to make a profit in that sector.

I feel for British policymakers

Every last one of these idiots should be canned, and I'm talking about any person who has been involved with setting British economic policy for the last ten years.

I'd be happy to conduct the exit interviews if they can't find any volunteers for the job -g-



To: Real Man who wrote (16626)1/27/2009 9:54:16 AM
From: RockyBalboa  Read Replies (2) | Respond to of 71454
 
I must thank Jim Rogers for calling the U.K. bottom,

That day, UK posted better results: Message 25348516

and people paid a second hard look at barclays, which essentially doubled,

and since then, the pound went straight up, I count six cents, performing at least in line with the EUR.
I know a bounce does not cure any problems but Rogers advice to sell at the very bottom is foolish.

The board here saw the problems coming with the pound at 1.70 or so, not 1.3550.