well so what is the other way. how can a strong dollar help a nation full of debt and a big exporter such as USA ?
The Chonchy
- #303,661
- Oct 10, 2010 2:33pm Oct 10, 2010 2:33pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
- #303,663
- Oct 10, 2010 2:35pm Oct 10, 2010 2:35pm
- Joined Nov 2008 | Status: Full Time Trader | 10,867 Posts
- #303,664
- Oct 10, 2010 2:38pm Oct 10, 2010 2:38pm
- Joined Sep 2008 | Status: Trader | 1,217 Posts
If you're not part of the solution then you're part of the problem.
- #303,665
- Oct 10, 2010 2:43pm Oct 10, 2010 2:43pm
- Joined Nov 2008 | Status: Full Time Trader | 10,867 Posts
usa a big exporter, I don't know about that, speaking for florida the only thing they can export is miki mouse from disney world, .....see the yurow is compose of 16 countries correct...well the usa is compose of 50 countries and each state is no doing so well as pistburg or ohio there are countries I mean states like california newyork and florida that are doing very, very bad so this countries I mean states that are doing good are sudcidicing the ones doing bad, untill when the goverments in this countries I mean the governors of this states are...
I think the only way is to impose big taxes or different instruments so those imports are more expensive. but that will be a declaration of "trading WAR" so what's next China dumping US bonds. But then it get's to the point where China would loose more than USA because they don't have a consumer economy developed yet. And also the whole Global Economy would be hit hard.
So protectionism and trade wars lead to more problems. So they delay. They both (USA and China) play at the limit of legal moves (based on WorldTrade agreements) yet nobody will have the guts to hit first. But the situation can't remain like that. They both want to lead the world. So like gator has a nice quote "TICK TOCK"
I think 2011 and 2012 will be really really important years into a new financial world.
- #303,666
- Oct 10, 2010 2:44pm Oct 10, 2010 2:44pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
...anti gay riots in Belgrade...how is that gonna affect EUR/USD !- #303,668
- Oct 10, 2010 2:48pm Oct 10, 2010 2:48pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
correct me if I'm wrong
a big corp extract all the iron from pitsburg sell it in the international market (china) and then buy crap from there (china) and imported to the US then extract more iron and leave the countri dry of iron and feel the people of crap and the end we eat the crap and run out of iron, big bussines but what those it do for me? that is what low value of dollar do, then when the countrie is all f%$#ck up and nothing more to export or import raise interest rates and f^%$ck some more the people in debt and then Ben pick up his printing machines and all the paper he loundered and split the countrie to do it some where ealse, or retire, they (the money lenders) will use some new guy graduated from some good economic kenesian university, I could be wrong on this too but........
a big corp extract all the iron from pitsburg sell it in the international market (china) and then buy crap from there (china) and imported to the US then extract more iron and leave the countri dry of iron and feel the people of crap and the end we eat the crap and run out of iron, big bussines but what those it do for me? that is what low value of dollar do, then when the countrie is all f%$#ck up and nothing more to export or import raise interest rates and f^%$ck some more the people in debt and then Ben pick up his printing machines and all the paper he loundered and split the countrie to do it some where ealse, or retire, they (the money lenders) will use some new guy graduated from some good economic kenesian university, I could be wrong on this too but........
The Chonchy
- #303,671
- Oct 10, 2010 2:56pm Oct 10, 2010 2:56pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #303,672
- Oct 10, 2010 2:59pm Oct 10, 2010 2:59pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #303,673
- Oct 10, 2010 3:00pm Oct 10, 2010 3:00pm
my own and only mine, personal view, (patent number #4567389)
I think the yurow is on his way to touch this monster trend line (cesarnc monters trend lines, patent #564748) in the long run but......
at the open we may see WETF (what ever the.......) the market makers have in mind, so just follow price action (what is price action)
Attachment
Chonchy,
Bemac posted this daily chart a couple of weeks ago -
The predictive levels show a possibility of getting to 45/46 area as well, depending on PA of course.
- #303,674
- Oct 10, 2010 3:03pm Oct 10, 2010 3:03pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Gatorinla, its the start of china's strength, their growth is very strong, i don't know all the factors but its my personal experience that there might be hardly a single product, which china is not manufacturing at their own, highest steel reserves and then gold, just name the brand any big brand and they have factories in china, supplying to whole Asia pacific and EMEA region, recently a friend told me that he has seen the tags of china made in Canada and the company is based in Canada. Any technology, any industry china must be there. this post...
the chinese and japanese are trying to imitate the sound of a Harley Davidson since the invention of the weel and they havent get this yet......
Inserted Video
The Chonchy
- #303,675
- Oct 10, 2010 3:04pm Oct 10, 2010 3:04pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #303,677
- Oct 10, 2010 3:09pm Oct 10, 2010 3:09pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Chonchy,
Bemac posted this daily chart a couple of weeks ago -
The predictive levels show a possibility of getting to 45/46 area as well, depending on PA of course.
bigmac won't know where the price is going, that is why he have to ask me where I get my vouches from and tell me to post charts on a rumors and gossip tread, but eather you are trying to stir some here or you don't know my history with bigmac...........if you don't then you don't, but if you do
The Chonchy
- #303,678
- Oct 10, 2010 3:13pm Oct 10, 2010 3:13pm
oh so you think bemac know's bether than me where the price is going?
bigmac won't know where the price is going, that is why he have to ask me where I get my vouches from and tell me to post charts on a rumors and gossip tread, but eather you are trying to stir some here or you don't know my history with bigmac...........if you don't then you don't, but if you do
Nope -I don't know anything about your history. I put the chart up in support of your observation.
- #303,679
- Oct 10, 2010 3:17pm Oct 10, 2010 3:17pm
- Joined Nov 2008 | Status: Full Time Trader | 10,867 Posts
It's worth remembering that the US aren't too fussed about the weakness of the Dollar. They know only too well that China are seeing their UST values decrease every day. It's all rhetoric from all sides. China will do what China does, but they will find it difficult to dump more than $2T Dollars on this market right now. (and the US knows this).
Some form of US protectionism is inevitible IMO, but Dollar needs to be soooooo weak no one will touch it before they implement it. China can then run for the door, but no one will be left in the room....
