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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (69374)	12/10/2010 12:56:44 PM
From: Haim R. Branisteanu	2 Recommendations Read Replies (1) \| Respond to of 220128

Black Swan, currency exchange rates are the responsibility of the US treasury which depends on BO directives. The problem is that BO is more interested to spend money and borrow and as such to keep the USD overvalued than to generate jobs. In yesterday Z1 report the Federal Debt rose 16% annually and this is the Treasury responsibility. State and Local Gov. rose 5.4% The problem is that WS decided that there is more money to be made by clobbering selective EU debt and therefore increasing the likelihood of most money manager continuing to buy US debt Summary Obama says he cares about generating jobs but in reality the cares more about his cronies and supporters. Actions are stronger than words. I can bring way too many examples how the USD is manipulated higher - if by the US rating agencies, including recent statements about Korea and various spreading rumors with the sole purpose to strengthen the USD. In summary lack of jobs in 2010 is ALL Obama administration fault.- PERIOD As aside remark US debt is rated A1 (not AAA as it is done by the US rating agencies) by a Chinese rating agency but this got NO headlines in the media for obvious reasons.