Stock Incubator

[dalcindo]

Re: USD, GBP

Agreed.

No employment -> No spending -> No business earning -> No employment and no inflationary pressure on overall prices.

Now that the UK fiscal deficit is showing more of that European iceberg, I expect that once that crucial piece of news spreads, it should pressure the USD to higher levels.

The impact for our own economy is significant, since a higher dollar may deter other countries from importing US goods and services, thus stressing more US business that need that foreign consumption.

No export -> No US company revenue -> No hiring incentives -> No employment dot dot dot ...

- Dalcindo


----------------------------------------------------
Message in reply to:
unemployment rate is the key
for Fed rate change
----------------------------------------------------

- Dalcindo