So it begins.

[Ishmael]

A few months ago I predicted that the fall of the dollar was a "sand bag."

The Bush administration had been criticized soundly by many for allowing the dollar to go into free fall. The Europeans gloated and the Asians got nervous last week and started moving to the Euro.

Suprise, suprise. Looks like they're both going to take it in the ass on this one. Germany's problems aren't going away overnight and the French haven't reported yet.

Euro takes a dump

Ishmael

 

[woody54]

Is 0.2% a start, a hiccup or a zepher breeze of change?

The US will need all the Iraqi oil dollars and some from Iran to beat their deficit back without a loss of standard of living.

Perhaps running 50 % of government spending into military/security operations isnt the way to inspire confidence in dollar hegemony round the world as Bush stargazes at the heavens lost in his starwars fantasy screaming "It will all be mine, Bwahahahahahahahaha".

But then they could always take a leaf out of the liberals book and run a surplus economy but the Corporate mafiosi wouldnt like that.

 

[fgarvb1]

Yeah, But we are a bunch of hard working mother fuckers, and the whole world knows it.

I'm not worried.

 

[miles]

Is 0.2% a start, a hiccup or a zepher breeze of change?

The US will need all the Iraqi oil dollars and some from Iran to beat their deficit back without a loss of standard of living.

Perhaps running 50 % of government spending into military/security operations isnt the way to inspire confidence in dollar hegemony round the world as Bush stargazes at the heavens lost in his starwars fantasy screaming "It will all be mine, Bwahahahahahahahaha".

But then they could always take a leaf out of the liberals book and run a surplus economy but the Corporate mafiosi wouldnt like that.

Along with S_S_man, woody is a charter member of the Always Wrong About Everything Club.

 

[Guest]

http://www.richardthelionhearted.com/Laughs/images/Head%20up%20ass.jpg

 

[Le Jacquelope]

Yeah, But we are a bunch of hard working mother fuckers, and the whole world knows it.

I'm not worried.

And to think neo cons in the next breath will say we Americans are a bunch of lazy fucks...

 

[Ishmael]

Along with S_S_man, woody is a charter member of the Always Wrong About Everything Club.

My confidence in the unerring reverse indicators of that crowd is unshaken.

I find it amazing that they don't feel the slightest embarassment at being wrong all the time. Of course there's no way of determining the long term psychological effects.

Ishmael

 

[T.H. Oughts]

I have an export business and the state of the NZL$ and the US$ is killing me at the moment.

 

[Ishmael]

I have an export business and the state of the NZL$ and the US$ is killing me at the moment.

How so TH? (Although I understand, it's best if you explain.)

Ishmael

 

[T.H. Oughts]

How so TH? (Although I understand, it's best if you explain.)

Ishmael

With the exchange rate changing. I now make about 25% less on my sales then I did 6 months ago.

 

[Ishmael]

With the exchange rate changing. I now make about 25% less on my sales then I did 6 months ago.

And if you raise your price to reflect the new exchange rate, you kill your biz. Right?

The US is running an externalized debt load of about 6% right now and wants to reduce that to about 3%. By letting the dollar fall we're discouraging imports while making our own products more attractive on the world market. The dollar is coming back, but I don't think it's going to achieve it's previous levels kiddo.

I haven't looked at your web site recently but you may want to consider a price hike in the 10% region (Maybe as much as 12%). As I recall you aren't dealing in a commodity product and you have a great deal of intellectual content in your offerings. You know your market far better than I but I think your market can absorb the increase. Your call TH.

Ishmael

 

[*******]

Along with S_S_man, woody is a charter member of the Always Wrong About Everything Club.

The 54 Fightin' p_p_DonWAVIANguy Club for pretards...



I saw that this morning Ish and just shook my head. Liberalism coupled with Socialism is a poor recipee for economic freedom...

This is why Europe and Russia are hell-bent on arming the third world. They have to prop up their ecomonies somehow.

On a sidebar, I heard a guy yesterday claiming China and Pakistan had sold the missiles and nuclear warheads to Saudi Arabia and that the terrorists's main goal is to nuke the Mount of Olives so that Jesus' followers won't be able to meet him for his return. vicmord.com

 

[*******]

LT, let us once again revisit the definition of neo conn

The 54 Fightin' LighTweight p_p_DonWAVIANguys..

 

[dolf]

A few months ago I predicted that the fall of the dollar was a "sand bag."

The Bush administration had been criticized soundly by many for allowing the dollar to go into free fall. The Europeans gloated and the Asians got nervous last week and started moving to the Euro.

Suprise, suprise. Looks like they're both going to take it in the ass on this one. Germany's problems aren't going away overnight and the French haven't reported yet.

Euro takes a dump

Ishmael

yet again, clicked the link and lasted three sentences.

 

[chagrin]

yet again, clicked the link and lasted three sentences.

Basically, Germany's in the shit, France might be, but we're okay because we kept the pound

 

[bg23]

Aussie interest rates went up to day.
I've no idea what that has to do with anything, but I just thought I'd say so.

 

[Ishmael]

yet again, clicked the link and lasted three sentences.

Damn good thing there were only three sentences in that post huh?

Ishmael

 

[dolf]

Basically, Germany's in the shit, France might be, but we're okay because we kept the pound

thanks hon

 

[Ishmael]

The 54 Fightin' p_p_DonWAVIANguy Club for pretards...



I saw that this morning Ish and just shook my head. Liberalism coupled with Socialism is a poor recipee for economic freedom...

This is why Europe and Russia are hell-bent on arming the third world. They have to prop up their ecomonies somehow.

On a sidebar, I heard a guy yesterday claiming China and Pakistan had sold the missiles and nuclear warheads to Saudi Arabia and that the terrorists's main goal is to nuke the Mount of Olives so that Jesus' followers won't be able to meet him for his return. vicmord.com

It's going to get worse over there before it gets better. I'm kinda surprised the Chinese blinked on this on though.

Ishmael

 

[dolf]

Damn good thing there were only three sentences in that post huh?

Ishmael

talking to me...it lowers the iq and reduces post length *nods*

 

[*******]

Aussie interest rates went up to day.
I've no idea what that has to do with anything, but I just thought I'd say so.

Traders also pointed to rising US bond yields as a factor pushing the dollar higher, allowing the greenback to firm 0.8 per cent to $0.7845 against the Australian dollar, which wobbled as Canberra’s fourth quarter current account deficit widened to A$15.17bn.

“As a percentage of GDP this is likely to see the current account deficit break 7 per cent for the first time,” said Tim Fox, head of market strategy at National Australia Bank.

http://news.ft.com/cms/s/0a07b7a6-8a49-11d9-98b6-00000e2511c8.html

 

[*******]

The big cloud on the horizen for Europe is that all of these countries fighting to emerge from tyranny and to freedom look to the US (Their papers are even editoralizing now, why Iraq? Why didn't Bush come here?) and have really negative feelings towards Europe, the people who didn't seem to support freedom (and don't you think for a second that they've forgotten the Crusades...). This will affect future trade.

 

[Ishmael]

The big cloud on the horizen for Europe is that all of these countries fighting to emerge from tyranny and to freedom look to the US (Their papers are even editoralizing now, why Iraq? Why didn't Bush come here?) and have really negative feelings towards Europe, the people who didn't seem to support freedom (and don't you think for a second that they've forgotten the Crusades...). This will affect future trade.

Sitting around with your thumb up your ass can cause intestinal distress. The UK should come through OK though.

Ishmael

 

[*******]

The bad part for Chirac is that his strategy was to strengthen his country's trading ties with the people being thrown out...

And Boeing is literally kicking Airbus' ass on orders.

 

[Ishmael]

The bad part for Chirac is that his strategy was to strengthen his country's trading ties with the people being thrown out...

And Boeing is literally kicking Airbuses' ass on orders.

That's the one thing about the French bro. The have this propensity to do the wrong thing at the wrong time damn near everytime, but they do it with panache. Everybody love a clown.

Ishmael