Forum Archive Index - February 2004

["Woody" <solarmax@optusnet.com.au>]

Well for a start Reporters, Economists, Financial Ministers, Professors of
Economics: None of them are traders, none of them can trade and if they did
they would lose their shirts.
Reporters of  'The Economist' are just like Financial Ministers, They make a
claim one week, if it went against them they then write articles as to why
things that are beyond their control do differ.
Half take one position on the macro and microeconomic position the other
take the contrary view: Half are correct the other half go on the fact that
the populace have short term memory.

Secondly to bunch the "Asian " economies up into a general term and state
that :' The problem REALLY is Asian countries whose currencies are pegged
artificially low ...   This would be one of the most IGNORANT statements I
have ever read.
Asian economies are even MORE wide and varied than European economies.
The economies of Indonesia and Malasia are are totally separate not even
similar in structure: AND I am not even going to start to explain the
differences between: India: China: Japan.
So any person that jumbles Asian economies under one blanket simply wants to
simplify their Research.

Advice: READ THE MARKET not Financial Mags or Newspapers: They print
information that is 24 hours after it is available on the Internet: and they
make predictions on the economy using methods a Tarot reader would
recognise.
Woody

----- Original Message -----
From: "Stephen Judd" <stephen@vital.org.nz>
To: <sharechat@sharechat.co.nz>
Sent: Saturday, February 14, 2004 6:59 AM
Subject: Re: [sharechat] Political calculation behind low US $


> On Fri, 2004-02-13 at 22:42, hugh webber wrote:
> > An interesting case of the tail wagging the dog.
> > And how some people become unbalanced through
> > conspiracy theories.....
> >
> > The lower US dollar has everything to do with very low interest
> > rates coupled with a horrendously large and longstanding US
> > deficit on Current A/c of the Balance of Payments and absolutely
> > nothing to do with a Bush re-election campaign.
>
> The Economist I bought yesterday pretty much agrees, to the extent of
> saying that the US$ is still overvalued.
>
> The problem REALLY is Asian countries whose currencies are pegged
> artificially low ...
>
> Stephen
> --
> Stephen Judd
> stephen@vital.org.nz
> 021 877752
>
>
> --------------------------------------------------------------------------
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