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2003-10-14 Home Front
Controlling Falling Currency
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Posted by badanov 2003-10-14 9:33:16 AM|| E-Mail|| Front Page|| [272 views since 2007-05-07]  Top

#1 And Econopundit says rebutting a Krugman article:

...Second misrepresentation: genuine mathematical models, like the Yale multi-country trade and US macroeconomic models are definitely not predicting that a "crisis could erupt at any time." (Far from it, they're predicting a robust recovery even in the face of Iraq reconstruction costs!)...

But he will be setting up the Damocles index to see if Krugman is right.
Posted by Anonymous 2003-10-14 10:49:13 AM||   2003-10-14 10:49:13 AM|| Front Page Top

#2 The link at the top of the page for this entry is fracked up.
Posted by Bomb-a-rama 2003-10-14 10:55:53 AM||   2003-10-14 10:55:53 AM|| Front Page Top

#3 It's fixed.

When posting, put the headline text in the Title box and the link to the original article in the Source box. They'll be combined by the program to form the link.
Posted by Fred  2003-10-14 11:33:23 AM||   2003-10-14 11:33:23 AM|| Front Page Top

Posted by Anonymous 2003-10-14 12:58:33 PM||   2003-10-14 12:58:33 PM|| Front Page Top

#5 Falling currencies are almost always a sighn that something is wrong with your economy. Yes sure, a weak dollar may boost your exports but if you import more than you export that's a weak consolation.

"German businesses have contributed to making Germany the world’s largest exporter for the first time in 11 years, raising optimism that unpopular wage capping has boosted the competitiveness of German industry.
According to a report in the Financial Times Deutschland, Germany recorded $62 billion (€55.6 billion) in exports in August, over 7 percent more in dollar terms than the United States, the consistent world leader. The report, based on figures from the Organization for Economic Co-operation and Development (OECD) and the International Monetary Fund (IMF), shows that Germany has been ahead of the United States in terms of export levels since April this year.
(Deutsche Welle)

Germany has been able to boost exports even with a strong euro. It boils down to that: Quality always sells.
Posted by True German Ally 2003-10-14 4:15:11 PM||   2003-10-14 4:15:11 PM|| Front Page Top

11:36 Anonymous
17:07 Bulldog
10:06 Zhang Fei
04:39 Bulldog
04:16 Bulldog
01:14 Old Patriot
23:47 esp
23:45 Uncle Joe
23:31 Mom
23:14 JAB
22:35 Alaska Paul
22:30 Bomb-a-rama
22:26 Zhang Fei
22:17 tu3031
22:15 Shipman
22:13 tu3031
22:10 Shipman
22:10 Alaska Paul
22:03 Shipman
22:00 Shipman
21:54 CrazyFool
21:43 Super Hose
21:38 Alaska Paul
21:36 Super Hose

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