[CommanderSock]

$1:

So take it easy on insulting Europeans.

Fuck Europeans.

j/k




really though fuck em

[tritium]

CommanderSock CommanderSock:

$1:

So take it easy on insulting Europeans.

Fuck Europeans.

j/k




really though fuck em

That is why Canada is trying so hard to be European, CommanderSock...

[ziggy]

Canada used to sell a whack of coal to the states untill they started subsidizing high cost mines to keep their jobs,now we sell to allmost every country but the states.

Throw Australia in there also as their subsidized coal was putting our mines out of work.
Point is our guys went out and found new markets where none were before,we competed with an excellent product and we won,now were diversified and no longer rely on the states for sales.

What does get shipped is such a good product and low on sulpher that they use it to blend with their crap coal to make steel.

[Toro]

tritium tritium:

ManifestDestiny ManifestDestiny:

Toro Toro:

Europe has outperformed America this decade.

Whether or not it does going forward is another question, however.

Really?? could you elaborate?

WTF Toro??

http://www.taurillon.org/Europe-vs-USA- ... onomy-Wins

If you are an American investor, if you invested in stocks in Europe at the beginning of this decade, you did far better than if you invested in America.

I can't remember what the exact returns were, but the difference is something like 40%, much of which was currency depreciation of the dollar.

[ManifestDestiny]

Toro Toro:

If you are an American investor, if you invested in stocks in Europe at the beginning of this decade, you did far better than if you invested in America.

I can't remember what the exact returns were, but the difference is something like 40%, much of which was currency depreciation of the dollar.

My god some links please. And I told you just because the euro is stronger does not mean their economiy is better.

[ManifestDestiny]

Euro banks...Failing????


http://business.timesonline.co.uk/tol/b ... 837674.ece

[Toro]

ManifestDestiny ManifestDestiny:

Toro Toro:

If you are an American investor, if you invested in stocks in Europe at the beginning of this decade, you did far better than if you invested in America.

I can't remember what the exact returns were, but the difference is something like 40%, much of which was currency depreciation of the dollar.

My god some links please. And I told you just because the euro is stronger does not mean their economiy is better.

I never said the economy was better.

This is what you said.

ManifestDestiny ManifestDestiny:

CommanderSock CommanderSock:

$1:

Europe your kidding right?

When was the last time you have been there I was there in late August. They are not doing that great. High unemployment, Very low birth rates, Socialist heaven.

That doesn't stop it from being a good market to invest in.

Whatever you say.

And stick to what your doing.

Investing returns and the economy can be two different things. European stock markets have outperformed America in dollar terms this decade.

I'll post a graph from Bloomberg tomorrow.

And in the long-run, yes, a stronger currency is indicative of a stronger economy.

[PJB]

700 BILLION dollar federal bailout sure props up the US economy! I question where that money is going to come from.

[tritium]

PJB PJB:

700 BILLION dollar federal bailout sure props up the US economy! I question where that money is going to come from.

Easy they are going to print more, prices will rise such that we’re no better off than we were before. ... we’ll have massive inflation, and U.S Dollar will be devalued.

The Canadian dollar is already gaining ground.

As the U.S. dollar is devalued, cost of oil goes up, transportation of food, heating your home...

Guess what happens 6 months to a year from now.. Despression.

[Arctic_Menace]

I don't think it's that bad...yet...

[Toro]

Global markets are getting smoked this morning.

http://www.bloomberg.com/apps/news?pid= ... refer=home

What we are seeing is what is known as "sell the news." However, I'm not sure if this is a reaction to the bailout or because there are still hostile Congressmen against the bill. The general pattern the last few days has been to buy stocks at the end of the day.

But the inter-bank markets - the markets that banks lend to each other - is worsening. That's bad.

[Toro]

For ManifestDestiny



Up until a few months ago, if you had invested in Europe at the beginning of the decade, you would have outperformed US stocks by 40%. Now its 25%.

[Reverend Blair]

Doesn't look like the bailout is working very well to me. All the markets are down this morning. So is oil and other commodities. I guess the deregulate/privatize/let the robber barons do as they please meme got these greedy bastards in too deep.

I think it's about time to amputate that invisible hand of the market. It seems to have gangrene.

[tritium]

Well oil being down is a good sign. If the U.S. dollar is weak, oil will go up.

The minute the 700 Billion bail out is authorized, watch the price of oil... it will sky rocket.

[Reverend Blair]

Nah, if the US dollar is weak, oil will go down because they can't buy as much. It will cost the US consumer more in real terms because they'll have less money, but the international price will drop leaving Canada with less income.