tag:blogger.com,1999:blog-8121731.post4446274144559103325..comments2023-12-08T02:29:07.687-06:00Comments on Pushing Back the Frontiers of Ignorance: Market drops, dang the commiesRobertDWoodhttp://www.blogger.com/profile/12468867977431697913noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8121731.post-31840418912257978322007-03-01T14:13:00.000-06:002007-03-01T14:13:00.000-06:00No, I was thinking more along the lines of their g...No, I was thinking more along the lines of their getting a nuke and bringing it here through Mexico. That would be disastrous. As you know, the markets don't like suprises.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8121731.post-40195050680287172292007-02-28T16:19:00.000-06:002007-02-28T16:19:00.000-06:00Matt, I would say the dollar is indeed one of our ...Matt, I would say the dollar is indeed one of our strengths. We've averaged around 3% inflation yearly for about 30 years now, and that is very stable for an economy of our size.<BR/>I think much more of our strength lies with the capitalistic system, and our knowledge base. <BR/><BR/>Daniel,<BR/>I hope we don't have a major collapse, and while Iran is a threat, I have a difficult time beleiving they can cause us significant economic harm. <BR/>(seeing as they are not even in the top 15 of the US importers<BR/>http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html )RobertDWoodhttps://www.blogger.com/profile/12468867977431697913noreply@blogger.comtag:blogger.com,1999:blog-8121731.post-56416161201820858902007-02-28T09:02:00.000-06:002007-02-28T09:02:00.000-06:00Palm Boy, I hope you're right. I'm not an expert ...Palm Boy, I hope you're right. I'm not an expert by any stretch of the imagination, but I don't think that there will be any major collapse until this fall at the earliest, but it all depends on how this Iran situation pans out.<BR/><BR/>Dyspraxic Fundamentalist, I would disagree with your friend. Other countries are starting to diversify their foreign exchange holdings out of dollars and predominately into Euros, Pounds, and gold. People are starting to lose confidence in the dollar, and as soon as those dollars come flooding back into the U.S., the dollar will go into a free fall and it will become a race to dump dollars. In my opinion, at least, the dollar is one of the U.S. economy’s biggest liabilities, after the national debt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8121731.post-69008834875004060792007-02-27T20:44:00.000-06:002007-02-27T20:44:00.000-06:00A friend of mine says that most of America's econo...A friend of mine says that most of America's economic strength lies in the stength of the Dollar. What would you say to him?Matthew Celestinehttps://www.blogger.com/profile/02874430461346560520noreply@blogger.com