china connection

Thread view:

Enable EMail Alerts

Start New Thread

Thread rating:

Gosi - 05 Mar 2008 11:49 GMT

On Dec 10 2007, 2:13 am, "<RJ>" <baran...@localnet.com> wrote:

> Look at the bright side;
>
> If GM gets components fromChinafor 40% less,
>
> then, they'll probably charge 40% less for their autos. ;o)
>
> <rj>

If you look at how the dollar yuan conversion is going then since mid
2005 the price of the dollar against the dollar is heading straight
south.

The conversion against the euro is also heading in the same direction.

Looks like the chinese are converting their money away fom the dollar
to the euro very slowly.

The chinese components will not remain so cheap for long.

I guess the dollar printing presses have been used a little too much.

This glacial slide of the price of dollar may increase in speed and
that may become a problem.

I guess that the price of oil will soon be registered in euros or yuan
instead of the dollar.

It will probably happen before you need wheelbarrows for the US dollar
like Zimbabwe dollar.

Reply to this Message

Gosi - 09 Mar 2008 11:57 GMT

> > Look at the bright side;
>
[quoted text clipped - 25 lines]
> It will probably happen before you need wheelbarrows for the US dollar
> like Zimbabwe dollar.

The price of the war in Iran is losing American people their money.
The price of the dollar is going down and the price of oil is rising
because of it.

$3.000.000.000.000 is the price that have been lost up to now in that
war alone.

Who has recieved that money and why do the Americans continue to put
weapon and money in the hands of the terrorists?
"Pyrrhic victory" which refers to an exchange at the Battle of
Asculum. In response to congratulations for winning a costly victory
over the Romans, he is reported to have said: "One more such victory
will undo me!"

Reply to this Message