The Colbert Report and the Daily Show has been of the air for almost two weeks now because of the writers’ strike. The problem seems to be the fact that studios aren’t willing to compensate the writers for publishing their work over non-traditional media such as the internet. This is just absolutely ridiculous, I applaud [...]
Monthly Archives: November 2007
US Trade Deficit Declines Again
Saw this article today on Yahoo finance, exactly inline with what I mentioned two days ago. Not very suprising that the deficit with China is getting better anytime soon since the yuan is fixed to the dollar by the Chinese government(yes governments are capable of manipulating exchange rates if they have enough reserves!) which is [...]
Why A Weaker Dollar Is GOOD
Headline on yahoo finance today: http://biz.yahoo.com/ap/071107/wall_street.html This has been no doubt one of the most discussed topics regarding our economy and is usually looked upon as a negative. Keep in mind that the feds do have the power to influence exchange rates, if they chose to put positive pressure on the exchange rate all they [...]
Posted in Economics, Investments Tagged Currency, Dollar, Federal Reserve, Interest Rates, Trade Deficit, US Leave a comment