What is going on, US and A?

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Re: What is going on, US and A?

Post by bagheadinc » Fri Jul 27, 2007 8:49 pm

Imeut wrote:
Greg Dean wrote:Wow. Way to go against the flow, there.
I do try :P
Hey, isn't this a dicussion for Girl Talk?
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Re: What is going on, US and A?

Post by Imeut » Fri Jul 27, 2007 9:06 pm

And what if it is? What are YOU gonna do about it? :P
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Re: What is going on, US and A?

Post by bagheadinc » Fri Jul 27, 2007 9:12 pm

Image :P
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Re: What is going on, US and A?

Post by Imeut » Fri Jul 27, 2007 9:24 pm

Oh noes! :o
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Re: What is going on, US and A?

Post by HTRN » Fri Jul 27, 2007 10:05 pm

There are two upsides to the dollar being weaker - 1)is already mentioned, American Industry is more likely to stay at home, and something overlooked 2)It makes foreign investment in America more appealing, because they're worth more.

One of the big reasons why the dollar has been weakening recently is that China has stated they're no longer going to peg their currency against the dollar, instead they're planning to switch over to the Euro..


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Re: What is going on, US and A?

Post by adciv » Sat Jul 28, 2007 2:19 am

HTRN wrote:One of the big reasons why the dollar has been weakening recently is that China has stated they're no longer going to peg their currency against the dollar, instead they're planning to switch over to the Euro.
Which is a good thing for the US and a bad thing for Europe. Maybe now Europe will be into pressuring China to float their currency.
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Re: What is going on, US and A?

Post by Deacon » Sun Jul 29, 2007 5:37 am

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Re: What is going on, US and A?

Post by Jamie Bond » Sun Jul 29, 2007 8:44 pm

Well I do plan on taking advantage of the weak US dollar and traveling to Seattle this coming weekend. :)
That's of course good for you, as I will be spending my awesome Canadian dollar in the US to bolster your economy :D
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Re: What is going on, US and A?

Post by JermCool » Mon Jul 30, 2007 12:45 pm

The reason our stock market has been doing so well is because of the strengthening of the foreign markets.

The New Zealand dollar is WAY up against the greenback which is really hurting their export industry (which is the main push for their economy). It pleases me, though. I want that sucker to go WAY up when that house sells...
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Re: What is going on, US and A?

Post by adciv » Mon Jul 30, 2007 3:47 pm

Yeah, but the markets haven't been doing well the past few days.
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Re: What is going on, US and A?

Post by Bigity » Mon Jul 30, 2007 3:50 pm

ZOMG! 10 percent off an all time high and that's not doing so hot?

Good grief. Really. The drops when measured as a percentage don't even register on the all time biggest drops list.
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Re: What is going on, US and A?

Post by adciv » Mon Jul 30, 2007 4:08 pm

Ok, where is an all time drop list? The two biggies I can think of are Black Tuesday of 1929 and Black Monday of 1987.
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Re: What is going on, US and A?

Post by Bigity » Mon Jul 30, 2007 5:36 pm

http://investmentpostcards.wordpress.co ... t-decline/

Image from that site that is relevant:

http://investmentpostcards.files.wordpr ... /tabel.jpg


And these are JUST since 2002. In short, the drops are not that alarming, and have already been discounted by market experts. But it serves certain agendas in bringing the story up again and again.

Is this considered hotlinking? I can remove the image tags if necessary.
Last edited by Bigity on Mon Jul 30, 2007 6:20 pm, edited 1 time in total.
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Today's liberals wish to disarm us so they can run their evil and oppressive agenda on us. The fight against crime is just a convenient excuse to further their agenda. I don't know about you, but if you hear that Williams' guns have been taken, you'll know Williams is dead. -- Walter Williams, Professor of Economics, George Mason University

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Re: What is going on, US and A?

Post by Deacon » Mon Jul 30, 2007 5:47 pm

Yes, it's hotlinking. It's a better idea to save it to your desktop and then post it to imageshack or something.
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Re: What is going on, US and A?

Post by adciv » Mon Jul 30, 2007 6:58 pm

Bigity, got one that covers multiple days? Those ones are large single day drops, but I'd argue a 5% drop over a few days is more significant than a 3% drop followed by a 1% drop. Either way, it looks like the markets have stopped dropping.
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