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03-19-2015, 02:44 PM
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The Dollar is TOO Strong!?
This is am interesting article, a bit lengthy too.
http://startpage.lenovo.com/news/rea...r_us_econo-afp
From the article:
And with domestic consumption the primary driver of growth, the stronger dollar means lower import prices and so, potentially, more spending power for American families.
"If you look at the economy as a whole, the damage is fairly limited," Behravesh said.
So now the dollar is doing too well against the rest of the world-- too well for the good of American international companies.
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03-19-2015, 03:00 PM
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Join Date: Dec 2013
Location: chasin Grace
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Re: The Dollar is TOO Strong!?
who are buying back shares at a record pace under zirp, and now nirp, eating their tails as consumer demand plummets, for higher share prices, in order to cash out their options. it is another form of wealth transfer. are you getting any of this? why is McDs consumer demand plummeting, yet stock price is rising? All other American companies are doing the same. google it--because it sure won't be on the evening news, wadr.
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03-19-2015, 03:06 PM
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Re: The Dollar is TOO Strong!?
Quote:
Originally Posted by shazeep
who are buying back shares at a record pace under zirp, and now nirp, eating their tails as consumer demand plummets, for higher share prices, in order to cash out their options. it is another form of wealth transfer. are you getting any of this? why is McDs consumer demand plummeting, yet stock price is rising? All other American companies are doing the same. google it--because it sure won't be on the evening news, wadr.
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Why must you speak cryptically? Speak plainly. Zirp? Nirp? State the threat or coming disaster in plain terms-- that is if you really want to warn people.
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03-19-2015, 03:26 PM
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Join Date: Dec 2013
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Re: The Dollar is TOO Strong!?
zirp and nirp are both terms that you may google, if --scarily, wadr--you are yet unaware of their meaning? zero interest rate policy? but you can't get a refi on your house, at any interest rate? the threat, and disaster, which is pretty much fait accompli at this point, is plainly outlined by this video, that i keep reposting, to maniacal giggles from the nd crowd. I'll find it and post it again, just so you can have a chuckle
ps, DB, this is what you are defending, wadr.
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03-19-2015, 03:30 PM
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Join Date: Dec 2013
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Re: The Dollar is TOO Strong!?
understand why the simple truth now sounds like cryptography. see the lie of zirp--how it was 'designed to ease credit, provide liquidity,' yet (zombie) banks just use it to shore up their worthless balance sheets. the banks that hold your IRAs, and pension funds. can you say 'bail-in?' do you even know--like the rest of the developed world--what a bail-in even is? what does the average American imagine all these several 'QEs' (that's 'quantitative easing') are going toward?
understand why the BRICs are organizing their own payments system, to opt out of ours. this is coming together quickly. the whole rest of the world is becoming consolidated against one thing--US.
Last edited by shazeep; 03-19-2015 at 03:34 PM.
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03-19-2015, 08:01 PM
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Re: The Dollar is TOO Strong!?
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03-19-2015, 09:00 PM
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Re: The Dollar is TOO Strong!?
Quote:
Originally Posted by shazeep
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So what I got from the first half of the Keiser report is that we are on the brink of another financial collapse. The collapse appears to be so sure that, there is a guy named Noonan who is buying gold to shore up his financial interests. They spent a lot of time speaking about the UK though. When they spoke of the US, it was usually in comparison.
The second half of the Keiser report episode you linked is not relevant to this thread.
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03-19-2015, 09:27 PM
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Re: The Dollar is TOO Strong!?
no, just the first half; and as you mention, since MKeiser is based in London, some of his comments are oblique to us. Understand that the Noonan comments have no context because we are not used to real, viable international financial news, but if you go back over the show, and google the references, things get clearer. RBS is just another zombie bank, complicit in the libor, gold and other price-fixing scandals that we heard barely a peep on in our news; yet recipients of massive bail-outs, simultaneous with massive bonuses, just like our banks are doing. They have been fined Billions, which is of course meaningless in a NIRP QE world; strictly for public consumption. No one has gone to prison, or even admitted wrongdoing.
Understand also that libel laws are much different in England, and Max effectively breaks these laws every show, begging for a lawsuit, which of course will not happen, as they are guilty as sin, and this would come out in court. It is why RT has him stationed there--they have studios in NY too. It's a case of the enemy of your enemy--the 1%--being your friend.
Fox news can lie with impunity; and can even go to court to insure their legal right to lie to you; all yawners, apparently, to John Q. If Max tells a lie, even one prevarication, he will go to jail. They only have 3 shows a week, because lawyers have to vet everything he says, because they are in England.
Last edited by shazeep; 03-19-2015 at 09:36 PM.
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