EL-GRECO

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  • Sliding Dollar Turns U.S Into World's Discount Mall
    Enter your comment hereWhy is it surprising that the dollar is where it is? It has been bombarded by negative propaganda for the last 3 years... If only the same level of propaganda were accorded to the spectacular rise in US exports this year as has been accorded to the deficit, people, investors, might have a slightly more positive view of things. It is a sad possibility that the stock market which is the obvious alternative to wealth creation to the now defunct property market should be so vulnerable to speculators (see oil price and the dollar) and rogue corporate practices (see banking and mortgage execs). If we do get a recession, it's coming thanks to them.
    Nov 08 06:30 am |Rating: 0 0 |Link to Comment |View article
  • Sliding Dollar Turns U.S Into World's Discount Mall
    Why is it surprising that the dollar is where it is? It has been bombarded by negative propaganda for the last 3 years... If only the same level of propaganda were accorded to the spectacular rise in US exports this year as has been accorded to the deficit, people, investors, might have a slightly more positive view of things. It is a sad possibility that the stock market which is the obvious alternative to wealth creation to the now defunct property market should be so vulnerable to speculators (see oil price and the dollar) and rogue corporate practices (see banking and mortgage execs). If we do get a recession, it's coming thanks to them.
    Nov 08 06:16 am |Rating: 0 0 |Link to Comment |View article

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