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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. "
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. "
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. "
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.
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. "
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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