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The Economist: Let the Dollar Fall

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  • #61
    Fez is back!

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    • #62
      yavoon:

      When something is equal (=), there is no cause and effect.

      The number xminus does not cause the effect of xplus.

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      • #63
        Equals, however, is sometimes used (incorrectly) to imply causation.

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        • #64
          Originally posted by Tripledoc
          yavoon:

          When something is equal (=), there is no cause and effect.

          The number xminus does not cause the effect of xplus.
          I was unaware we were using formal logic.

          nothing in the thread lead me to believe so.

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          • #65
            You need a plus or a minus and two numbers before the equal. then there is a cause and an effect.(?)

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            • #66
              Originally posted by Azazel
              and even more oddly, slower population growth = less prosperity.
              That is only with capitalism, it needs to expand to survive.

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              • #67
                Originally posted by Odin


                That is only with capitalism, it needs to expand to survive.
                Well we have seen communism can't survive.

                And capitalism is doing quite well in Spain where the population growth is near nil.
                For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)

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                • #68
                  Spain is a mixed economy and a monarchy. Big difference.

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                  • #69
                    Originally posted by Imran Siddiqui
                    Balanced budget, weaker dollar


                    Indeed! China and Japan should stop buying dollars. Let it float.
                    Eventually they will have no choice but until they hit the economic wall they will continue to buy dollars in an attempt to devalue their own currencies thus improving their own exports to the US.
                    Try http://wordforge.net/index.php for discussion and debate.

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                    • #70
                      Originally posted by Tripledoc
                      Spain is a mixed economy and a monarchy. Big difference.
                      No. Spain is a capitalist country with a constitutional monarchy. The king doesn't have much power although slightly more than the British royalty. Additionally, the Prime Minister is conservative, hates socialists (which is a very good thing) and has improved the economy substantially.

                      Ever see the a recent Newsweek international article? "Spain is the miracle economy and now the model of Europe?"
                      For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)

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                      • #71
                        Yay! All this falling dollar stuff has given me an $80/month pay hike and upped the value of my bank account. It feels strange making money off of currency speculation.


                        Me too! Let that yen strengthen, baby!

                        KH FOR OWNER!
                        ASHER FOR CEO!!
                        GUYNEMER FOR OT MOD!!!

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                        • #72
                          Originally posted by Fez


                          No. Spain is a capitalist country with a constitutional monarchy. The king doesn't have much power although slightly more than the British royalty. Additionally, the Prime Minister is conservative, hates socialists (which is a very good thing) and has improved the economy substantially.
                          A democracy is when you have an election for the parliament and the executive. That is how the US defines it. Spain has only parliamentary elections. Spain might have to change that or be invaded.

                          Ever see the a recent Newsweek international article? "Spain is the miracle economy and now the model of Europe?"
                          Recent numbers from the economist do not look too good. Unemployment rate at 11.2, second largest in Europe. Consumer prices rose 2.8, highest in Europe.
                          Only the US and the Uk has a worse trade balance. (-74.4 billion)

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                          • #73
                            Originally posted by Fez


                            Well we have seen communism can't survive.
                            Really? That's kind of odd since we haven't really seen communism before
                            Eventis is the only refuge of the spammer. Join us now.
                            Long live teh paranoia smiley!

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                            • #74
                              Originally posted by Tripledoc
                              Recent numbers from the economist do not look too good. Unemployment rate at 11.2, second largest in Europe. Consumer prices rose 2.8, highest in Europe.
                              Only the US and the Uk has a worse trade balance. (-74.4 billion)
                              Yes but we maintained a +2.2% economic growth rate.

                              Recent numbers? Where you get your B.S from?

                              I got a not so recent, January 24-30th 2004 The Economist magazine showing..

                              2.6% consumer prices. Again showing your number is off.

                              The latest GDP growth was +2.4% at least three times that of the EU average. And economists predict at least +3% growth this year.

                              Our unemployment is also gradually falling. The unemployment is better today than it was eight years when it was at 25%.

                              In the last eight years, 4.5 million jobs have been created and most of them stable, well paying jobs.

                              So you are full of nonsense and do not look at the facts.
                              For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)

                              Comment


                              • #75
                                I recall Portugal had the Highest rise in Consumer Prices(in Europe)?
                                Curse your sudden but inevitable betrayal!

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