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34f3f3f
ParticipantThe last few months the dollar has gained a little over some currencies and been relatively stable. Keeping the dollar weak is helping a little, but it probably is not a long term option. One theory is that the so-called ‘petrodollar’ has created an ‘oil standard’, creating a link between oil prices and the dollar value. As relevant is that US manufacturing has declined, and is being replaced by financial services, a volatile industry that can cause problems for economies, as we are now seeing. I would hope that once the housing woes have blown over, and the economy has a chance to recover, problems like a weak dollar and deficits can be tackled. I don’t think the dollar will collapse unless China and Japan divest themselves of US treasury debt, which judging by the amount, is probably not going to be doing anyone any favors. But then who knows? The problem is what would you replace the dollar with? Perhaps the answer lies in the future and the export of state capitalism from the Far East.
Foreign owned companies is nothing new really. A weak dollar has seen a feeding frenzy, and access is easier in the US than some other countries, but some would argue the US has been equally aquisative in the past. Problems exist where foreign management engage in cost cutting exercises.
34f3f3f
ParticipantThe last few months the dollar has gained a little over some currencies and been relatively stable. Keeping the dollar weak is helping a little, but it probably is not a long term option. One theory is that the so-called ‘petrodollar’ has created an ‘oil standard’, creating a link between oil prices and the dollar value. As relevant is that US manufacturing has declined, and is being replaced by financial services, a volatile industry that can cause problems for economies, as we are now seeing. I would hope that once the housing woes have blown over, and the economy has a chance to recover, problems like a weak dollar and deficits can be tackled. I don’t think the dollar will collapse unless China and Japan divest themselves of US treasury debt, which judging by the amount, is probably not going to be doing anyone any favors. But then who knows? The problem is what would you replace the dollar with? Perhaps the answer lies in the future and the export of state capitalism from the Far East.
Foreign owned companies is nothing new really. A weak dollar has seen a feeding frenzy, and access is easier in the US than some other countries, but some would argue the US has been equally aquisative in the past. Problems exist where foreign management engage in cost cutting exercises.
34f3f3f
ParticipantThe last few months the dollar has gained a little over some currencies and been relatively stable. Keeping the dollar weak is helping a little, but it probably is not a long term option. One theory is that the so-called ‘petrodollar’ has created an ‘oil standard’, creating a link between oil prices and the dollar value. As relevant is that US manufacturing has declined, and is being replaced by financial services, a volatile industry that can cause problems for economies, as we are now seeing. I would hope that once the housing woes have blown over, and the economy has a chance to recover, problems like a weak dollar and deficits can be tackled. I don’t think the dollar will collapse unless China and Japan divest themselves of US treasury debt, which judging by the amount, is probably not going to be doing anyone any favors. But then who knows? The problem is what would you replace the dollar with? Perhaps the answer lies in the future and the export of state capitalism from the Far East.
Foreign owned companies is nothing new really. A weak dollar has seen a feeding frenzy, and access is easier in the US than some other countries, but some would argue the US has been equally aquisative in the past. Problems exist where foreign management engage in cost cutting exercises.
34f3f3f
ParticipantThe last few months the dollar has gained a little over some currencies and been relatively stable. Keeping the dollar weak is helping a little, but it probably is not a long term option. One theory is that the so-called ‘petrodollar’ has created an ‘oil standard’, creating a link between oil prices and the dollar value. As relevant is that US manufacturing has declined, and is being replaced by financial services, a volatile industry that can cause problems for economies, as we are now seeing. I would hope that once the housing woes have blown over, and the economy has a chance to recover, problems like a weak dollar and deficits can be tackled. I don’t think the dollar will collapse unless China and Japan divest themselves of US treasury debt, which judging by the amount, is probably not going to be doing anyone any favors. But then who knows? The problem is what would you replace the dollar with? Perhaps the answer lies in the future and the export of state capitalism from the Far East.
Foreign owned companies is nothing new really. A weak dollar has seen a feeding frenzy, and access is easier in the US than some other countries, but some would argue the US has been equally aquisative in the past. Problems exist where foreign management engage in cost cutting exercises.
June 28, 2008 at 7:55 AM in reply to: View, house, price or neighborhood, what is your priority? #22993034f3f3f
Participant1) Price always has to be first. If it has a beautiful view but you can’t afford it …well you can’t buy it.
2) House has to come in second. Since houses are more plentiful that either houses with views or neighborhoods, there’s more choice, and it’s the space within your house that you occupy most of the time, not the neighborhood. However, if you have kids you may decide neighborhood is more important. Also, you don’t want a mansion on skid row, but that usually doesn’t happen.
3) I would then go for view, since neighborhood in the sense of community is a misnomer in California, at least to me.
4) So neighborhood loses out.In an ideal world where money is no object, these would not be mutually exclusive.
June 28, 2008 at 7:55 AM in reply to: View, house, price or neighborhood, what is your priority? #23005134f3f3f
Participant1) Price always has to be first. If it has a beautiful view but you can’t afford it …well you can’t buy it.
2) House has to come in second. Since houses are more plentiful that either houses with views or neighborhoods, there’s more choice, and it’s the space within your house that you occupy most of the time, not the neighborhood. However, if you have kids you may decide neighborhood is more important. Also, you don’t want a mansion on skid row, but that usually doesn’t happen.
3) I would then go for view, since neighborhood in the sense of community is a misnomer in California, at least to me.
4) So neighborhood loses out.In an ideal world where money is no object, these would not be mutually exclusive.
June 28, 2008 at 7:55 AM in reply to: View, house, price or neighborhood, what is your priority? #23005734f3f3f
Participant1) Price always has to be first. If it has a beautiful view but you can’t afford it …well you can’t buy it.
2) House has to come in second. Since houses are more plentiful that either houses with views or neighborhoods, there’s more choice, and it’s the space within your house that you occupy most of the time, not the neighborhood. However, if you have kids you may decide neighborhood is more important. Also, you don’t want a mansion on skid row, but that usually doesn’t happen.
3) I would then go for view, since neighborhood in the sense of community is a misnomer in California, at least to me.
4) So neighborhood loses out.In an ideal world where money is no object, these would not be mutually exclusive.
June 28, 2008 at 7:55 AM in reply to: View, house, price or neighborhood, what is your priority? #23009334f3f3f
Participant1) Price always has to be first. If it has a beautiful view but you can’t afford it …well you can’t buy it.
2) House has to come in second. Since houses are more plentiful that either houses with views or neighborhoods, there’s more choice, and it’s the space within your house that you occupy most of the time, not the neighborhood. However, if you have kids you may decide neighborhood is more important. Also, you don’t want a mansion on skid row, but that usually doesn’t happen.
3) I would then go for view, since neighborhood in the sense of community is a misnomer in California, at least to me.
4) So neighborhood loses out.In an ideal world where money is no object, these would not be mutually exclusive.
June 28, 2008 at 7:55 AM in reply to: View, house, price or neighborhood, what is your priority? #23011034f3f3f
Participant1) Price always has to be first. If it has a beautiful view but you can’t afford it …well you can’t buy it.
2) House has to come in second. Since houses are more plentiful that either houses with views or neighborhoods, there’s more choice, and it’s the space within your house that you occupy most of the time, not the neighborhood. However, if you have kids you may decide neighborhood is more important. Also, you don’t want a mansion on skid row, but that usually doesn’t happen.
3) I would then go for view, since neighborhood in the sense of community is a misnomer in California, at least to me.
4) So neighborhood loses out.In an ideal world where money is no object, these would not be mutually exclusive.
34f3f3f
ParticipantJust be careful folks, Scooters are not for everyone. In Europe, roads are more dangerous because they are small and windy, but test standards can very rigorous due to the many accidents in the past. In the US, roads are less dangerous but cars and drivers (the enemy of two wheels) are not used to scooters or motorcycles so aren’t on the look out for them. It’s not for the faint-hearted! If they really pickup, there’s going to be a few nasty accidents before this sinks in. I hope it’s not anyone here.
34f3f3f
ParticipantJust be careful folks, Scooters are not for everyone. In Europe, roads are more dangerous because they are small and windy, but test standards can very rigorous due to the many accidents in the past. In the US, roads are less dangerous but cars and drivers (the enemy of two wheels) are not used to scooters or motorcycles so aren’t on the look out for them. It’s not for the faint-hearted! If they really pickup, there’s going to be a few nasty accidents before this sinks in. I hope it’s not anyone here.
34f3f3f
ParticipantJust be careful folks, Scooters are not for everyone. In Europe, roads are more dangerous because they are small and windy, but test standards can very rigorous due to the many accidents in the past. In the US, roads are less dangerous but cars and drivers (the enemy of two wheels) are not used to scooters or motorcycles so aren’t on the look out for them. It’s not for the faint-hearted! If they really pickup, there’s going to be a few nasty accidents before this sinks in. I hope it’s not anyone here.
34f3f3f
ParticipantJust be careful folks, Scooters are not for everyone. In Europe, roads are more dangerous because they are small and windy, but test standards can very rigorous due to the many accidents in the past. In the US, roads are less dangerous but cars and drivers (the enemy of two wheels) are not used to scooters or motorcycles so aren’t on the look out for them. It’s not for the faint-hearted! If they really pickup, there’s going to be a few nasty accidents before this sinks in. I hope it’s not anyone here.
34f3f3f
ParticipantJust be careful folks, Scooters are not for everyone. In Europe, roads are more dangerous because they are small and windy, but test standards can very rigorous due to the many accidents in the past. In the US, roads are less dangerous but cars and drivers (the enemy of two wheels) are not used to scooters or motorcycles so aren’t on the look out for them. It’s not for the faint-hearted! If they really pickup, there’s going to be a few nasty accidents before this sinks in. I hope it’s not anyone here.
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