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Corporate cash hoarding and current crisis

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  • #16
    Originally posted by Whoha
    The other world currencies are collapsing even faster
    But they aren't...look at USD vs CAN or EUR or GBP...
    "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
    Ben Kenobi: "That means I'm doing something right. "

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    • #17
      Originally posted by Zkribbler


      True, if for no other reason that the officers' and directors' own self interest.

      Higher dividends --> Increasing stock price --> Big bonuses
      It's my understanding that the money goes to unions...
      "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
      Ben Kenobi: "That means I'm doing something right. "

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      • #18
        Like I said, the Dollar has been apreciating slightly.

        Heres the 3 month chart on the Dollar to Euro:
        http://finance.yahoo.com/echarts?s=U...ymbol=USDEUR=X;range=3m

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        • #19
          Originally posted by Asher


          It's my understanding that the money goes to unions...
          I wish that were true.

          Salaries in the U.S. (adjusted for inflation) haven't gone up since the early 70's [except for a slight bump during Clinton's second term].

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          • #20
            Originally posted by Whoha
            Like I said, the Dollar has been apreciating slightly.

            Heres the 3 month chart on the Dollar to Euro:
            http://finance.yahoo.com/echarts?s=U...ymbol=USDEUR=X;range=3m
            Five cents in just six weeks!

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            • #21
              What unions? The unions used to be a nice check on this.
              I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
              - Justice Brett Kavanaugh

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              • #22
                Originally posted by Whoha
                Like I said, the Dollar has been apreciating slightly.

                Heres the 3 month chart on the Dollar to Euro:
                http://finance.yahoo.com/echarts?s=U...ymbol=USDEUR=X;range=3m
                So your argument is to ignore the massive long-term depreciation in favour of a slight short-term appreciation?

                Did you study a liberal arts discipline in school?
                "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                Ben Kenobi: "That means I'm doing something right. "

                Comment


                • #23
                  Yes I'm going to "ignore" the long term depreciation because that may very well be at an end now. Likewise the Euro could be starting its descent. Cash could very well be king right now, in a few months after the election when the printing presses start back up thats another story however.

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                  • #24
                    I've stockpiled $1.38.
                    Long time member @ Apolyton
                    Civilization player since the dawn of time

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                    • #25
                      Originally posted by Whoha
                      Yes I'm going to "ignore" the long term depreciation because that may very well be at an end now.
                      Based on what, exactly?

                      Canada and USD are still trading almost equal...that's a massive change in the past couple years.
                      "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                      Ben Kenobi: "That means I'm doing something right. "

                      Comment


                      • #26
                        Yes it is a major change, but as they are required to say in every ad on the matter, past performance is no indicator of the future.

                        I base my assumption on two things: The delay it takes stimulus to reach the economy, and Bush not giving a rats ass about the next president. And then There is also the matter that the trade deficit has improved slightly due to the fall in import growth relative to export growth.

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                        • #27
                          Re: The "one-time" stimulus

                          I wouldn't coun't on the encouraging corporations to start investing all their money.

                          edit: Also, a weaker currency is going to encourage them to invest more than a stronger currency.
                          Last edited by Kidlicious; August 28, 2008, 15:53.
                          I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                          - Justice Brett Kavanaugh

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