Quote from buzzy2:
I think they are p*ssed because US banks sold them subprime loan derivatives.
Quote from riskfreetrading:
Your point: "this is about money". That is exactly my point. America has given live, blood and money construct europe and to defend other nations. In a time of crisis, they did not even give loans. Only people who help you in time of crisis are your real friends (singapore and the arabs are real friends). The rest so far are just profiteers. America should write this down. And what have America been doing: waging war on arabs on Iraq. No one should attack their friends, they should rather protect them.
Actually Trichet and other central bankers could intervene in the FX market, damage control, this dollar crash is hurting everyone.Quote from riskfreetrading:
Even that is really not a valid reason as, first of all, that same reason applies to both the arabs and singapore. I give another reason. If I were Trichet what would I lose if Iwere to go out and make a tough speech on the value of EUR, then follow with some action. The price of EUR?USD will correct immediately I am sure.
Quote from Misthos:
You're talking about the Marshall Plan right? Well, after WWII, we were relatively unscathed (thank god for the Atlantic and Pacific Oceans) And the rest of the developed world was DESTROYED. We had no choice but to invest in Europe and Japan to ensure future customers. That's how we became the worlds #1 manufacturer and #1 lender. The altruistic displays by our leaders and theirs was for public consumption. Of which, you partake in I guess...
Today, oil exporting nations and Asia are overwhelmed with dollars they have gained from export surpluses. What do they do? They buy us outright for gain. What else are they going to do with all those depreciating dollars? It was not done for "friendship."
It will only last for so long - we are exporting our inflation to them - and they don't like that. Who needs "friends" like that?
Again, every nation for itself. And one day, the arabs will say, hey let's use a basket of currencies or the Euro as a peg, and the Asians (India, China, Singapore, etc..) will say - why sell things to a bunch of broke Americans - why don't we sell things amongst ourselves? After all, we know how to save money and our populations pay CASH.
And then we will be more like Mexico and we will roll out the Amero.
Quote from buzzy2:
Actually Trichet and other central bankers could intervene in the FX market, damage control, this dollar crash is hurting everyone.
Quote from dddooo:
What part of "invest" not give cash don't you understand. They buy stakes in american companies, this is no charity or act of friendship, they invest the proceeds of their $110 a barrel of oil loot.
Quote from riskfreetrading:
But it is that "invest" that the supposedly friends are not giving. We are not asking for anyone to give money for nothing. The supposedly friends gave NOTHING (we will not accept charity), but investment is welcome particularly at this critical time.
Quote from dddooo:
Oh yeah, they just manipulate the level of oil production (aka supply). Ever heard of OPEC? [/QUOTE
Excuse me DDDooo. You seem to have an enmity with the arabs. I remember reading some of your posts regarding palestian deaths and israel. I understand that you want to support Israel, and that you can feel that arabs are your enemy. But America does not have to be an enemy to Arabs because Arabs and Israel are enemies. Arabs have shown that they are friends of America, and we have to recognize and appreciate that. Otherwise America will live under illusions.
Please understand that American is a different sovereign country. It has its own interests, friends, etc. It can happen that it be friends with countries that are enemies. American should look after its own interests first.
So my main point is that this is a thread about America and its friends, not about Israel and its enemies. If you have an issue with the Arabs as related to Israel. That is not my problem. That is Israel's problems.