US dollar jumps after jobs grow

Discussion in 'Economy' started by Charles_Main, Jul 30, 2008.

  1. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    US dollar jumps after jobs grow | smh.com.au
    Source - read the full story here
     
  2. CA95380
    Offline

    CA95380 USMB Member

    Joined:
    Jul 23, 2008
    Messages:
    2,779
    Thanks Received:
    186
    Trophy Points:
    48
    Location:
    Central California
    Ratings:
    +186
    My bad! I thought this meant they were actually "growing jobs" .... like in the dirt. :eusa_shifty:
     
  3. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    wouldn't that be neat :)
     
  4. CA95380
    Offline

    CA95380 USMB Member

    Joined:
    Jul 23, 2008
    Messages:
    2,779
    Thanks Received:
    186
    Trophy Points:
    48
    Location:
    Central California
    Ratings:
    +186
    Or on trees. That would be great too .. but who would we get to 'pick them' :confused: lol
     
  5. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251

    Why the illegals of course!!
     
  6. CA95380
    Offline

    CA95380 USMB Member

    Joined:
    Jul 23, 2008
    Messages:
    2,779
    Thanks Received:
    186
    Trophy Points:
    48
    Location:
    Central California
    Ratings:
    +186
    :eusa_hand: Will never work. Why? Because then they could not get Medical :eusa_shifty:
     
  7. jreeves
    Offline

    jreeves Senior Member

    Joined:
    Feb 12, 2008
    Messages:
    6,588
    Thanks Received:
    315
    Trophy Points:
    48
    Ratings:
    +315
    The dollar won't stregthen long term, without a severe reduction in governmental spending. In addition the dollar would be well served if the US was able to reduce it's trade deficit.
     
  8. Zoomie1980
    Offline

    Zoomie1980 Senior Member

    Joined:
    Jan 16, 2008
    Messages:
    1,658
    Thanks Received:
    128
    Trophy Points:
    48
    Ratings:
    +128
    Well really we have to offer a reasonable interest rate on on our debt instruments for the dollar to have a substantial recovery. The Fed has managed to work itself into a corner by trying to create a 'soft landing" when instead they should have just let a lot of these banks who wallowed in their excess fail without bailout, take the bitter pill and move on
     
  9. jreeves
    Offline

    jreeves Senior Member

    Joined:
    Feb 12, 2008
    Messages:
    6,588
    Thanks Received:
    315
    Trophy Points:
    48
    Ratings:
    +315
    Exactly 300 billion dollars in possible bailouts doesn't improve the strength of the dollar. So we bailout corrupt lenders while the price of the dollar plummets, its idiotic.
     
    Last edited: Jul 31, 2008
  10. Zoomie1980
    Offline

    Zoomie1980 Senior Member

    Joined:
    Jan 16, 2008
    Messages:
    1,658
    Thanks Received:
    128
    Trophy Points:
    48
    Ratings:
    +128
    Well I can't really disagree with that at all. We need to let these organizations that engaged in excessive behavior fail! No matter how much pain it causes. It teaches a lesson. Recessions are supposed to purge the weak. They are VITAL to economic vitality. When you subvert the cleansing mechanism you simple fail to teach the ignorant and short sighted the lessons they need to learn.
     

Share This Page