10/4/11

Why not weaken the dollar a bit too?

Senate votes to proceed on China currency bill - 2chambers - The Washington Post: "The Senate on Monday voted overwhelmingly to proceed on a measure that would up the pressure on China to allow its currency to appreciate, clearing the way for a final-passage vote later this week on the bill, which has received a cool reception from both the House and the Obama administration."

In general, parity among the currencies seems to be the recipe for a more optimistic employment future. We have tons of services that would do better abroad if we achieved a somewhat less imposing fiscal barrier.

Global Online Privacy

RECCMENDATION Richard Gordon Quantum Touch

The Slow as Molasses Press