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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:
USD
Discuss USD
without any chartastrology.
Fact is private debt in Eurozone is now as high as US and retail revenues crashing.
That is what is really going on in Euroland.
All else is chartastrology and wishful thinking.
cri cri d'amour
fight for competitiveness is going push the house to maybe adopt the bill and impose levy to countries who purely depreciate their curencies. so that means some asian country will benefit from preference tarif and so called preferabilty. i just saw a hearing on the PEntagonchannel.mil, that made roughly two years i havent been watching and was thinking about how some buisness are gonna be impact in south east asia.
as we know be friend with state dept to be friend with the barbudos of the treasury, u know the one that let grow the baird. nothing will change the same company will be involved with their organigram with an emphasis from sovereign capital inflow; nobody knows how and where to iron a shirt perfectly.
to finish big mistake from islamic bank to issue loans of that amount.
NOT GOOD FOR CAPABILITIES.
US FX PRESSURE ON CHINA is another source of trouble for the USD (the other source being anticipated QE2) as US House of Reps is set to pass legislation enabling US to levy tariffs against nations whose currencies said to be artificially and fundamentally devalued. While weve been in this boat of threats before, the House bill must be backed by the Senate before winning approval from President Obama. Although it is unclear whether the White House will approve such a combative bill on China, FX markets simply need prolonged attacks from Congress on China to sell USD further. The RULE OF THUMB in FX is to sell any currency whose country engages in policies of competitive devaluations. Readers of my book will find in detail how the Bush tariffs on Chinese and Brazilian steel manufacturers coincided with the top of the US dollar in 2002. You will also remember that 2002 was a midterm-election year.
Ashraf
bloomber FU shoed us some panda
DO U KNOW WHAT IT MEANS.
fha and bamboo habitat
so impressive
I have a lot of respect for Roubini and would be interesting to have a very private conversation with him.