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To: MythMan who wrote (395490)10/8/2009 11:57:39 AM
From: Giordano Bruno  Respond to of 436258
 
Meaningless - The dollar’s 15 percent decline against the euro and 11 percent depreciation versus the yen since early March are increasing concern among world leaders. At the same time, Americans are getting poorer.

Per capita net wealth tumbled to $172,749 in August from a peak of $212,599 in September 2007, government figures show. A United Nations Human Development Report released Oct. 5 showed America’s quality of life dropped to No. 13 in a 2007 global ranking from No. 5 in 2000.

“The Washington theory is that dollar weakness will benefit the U.S. by inflating our way out of debt and causing more exports,” Encima’s Malpass said in a Sept. 25 note to clients. “The problem with this theory is that it assumes capital stays put while the dollar devalues.”



To: MythMan who wrote (395490)10/8/2009 11:57:46 AM
From: Secret_Agent_Man1 Recommendation  Read Replies (1) | Respond to of 436258
 
just hilarious, AA is up .33 yet we get "
Stocks are resuming their climb as upbeat retail sales and a surprisingly strong profit report from Alcoa give investors fresh hope about the economy. Dow component Alcoa Inc. surprised investors after the close of trading Wednesday with its first profit in nine months. The Dow Jones industrials are up 93 at 9,818. The Standard & Poor's 500 index is up 11 at 1,069, and the Nasdaq composite index is up 25 at 2,135....
World markets buoyed by Alcoa, US jobless data


rofl, n e excuse will do---i no....meaningless-g-