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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (73922)8/13/2010 8:07:09 AM
From: maceng2  Read Replies (1) | Respond to of 74559
 
Yes, I had read that. Shocking eh?

I'm thinking the euro finds support about here, unless something unthinkable happens and we get a stock market decline -g-



To: Snowshoe who wrote (73922)8/13/2010 9:18:06 AM
From: carranza21 Recommendation  Read Replies (1) | Respond to of 74559
 
Golly gee, who knew - from Stockman's terrific piece:

In fact, since chronic current-account deficits result from a nation spending more than it earns, stringent domestic belt-tightening is the only cure.



To: Snowshoe who wrote (73922)8/13/2010 1:13:59 PM
From: Berk  Read Replies (1) | Respond to of 74559
 
Stockman does like to carry a grudge, especially when they can't fight back (the alive one could care less). What seems to me to be the logical move for the Republicans, as the opposition party, is to press for things like broad based investment tax credits rather than the Bush tax cuts. Granted that the ITC has its detractors as to it's efficiency/effectiveness it does lower tax rates and can stimulate investment.


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