Re: Apple stock hits all-time high!
- From: JCrowe <Giuseppe.Corvo@xxxxxxxxxxxxxx>
- Date: Thu, 04 Oct 2007 22:12:12 -0500
Oxford wrote:
Maverick <Sun@xxxxxxxxx> wrote:
Well, as a few CEOs put it ... "It's too late!".
I don't see how the USDX can recover so soon if ever.
Pretty soon we'll *have* to use plastic... my wallet won't be able to hold that much paper money. :-))
sure, it won't happen overnight, but once a more intelligent president is in place, we apologize for the iraq mistake... then the dollar will slowly rise back to normal / average.
Who do you think will make a difference on the other side of
the coin, and what does this have to do with Mac advocacy? Surely
you understand that under Hillary Clinton, nothing real will change.
After all, the midterm elections were a clear mandate to the
Democrats and they frittered that away for political posturing.
you need to realize that MANY countries hold $$$'s, so they can't simply say okay, we give up, we'll sell all of them because that makes ALL currencies go down.
Once China gets tired of subsidizing U.S. consumer debt, the
dollar is in a world of hurt. So far the Chinese have continued
to buy and hold T-bills because the U.S. consumer drives their
economy....however that is changing.
gw bush has been the country's worst president in the history of the republic, so the damage has been done. the dollar directly reflects this.
While I agree with you about Bush, well at least in the last
fifty years, you are probably naive to think things will change
under Hillary. Remember that the most egregious abuses of the
Bush administration were done in collusion with the Democratic
leadership. The Democrats with a shred of integrity, which one
could count on one hand, are marginalized by the DNC movers and
shakers.
get rid of bush, the dollar goes up, it's that simple.
You wish that were so. Even if the Democrats made the right
moves, the damage to the dollar under both Democrats and Republicans
for many decades is too severe for an easy recovery. But keep
that hope alive. I just hope that some of the sparks of innovation
that made the U.S. productive can recover in the process. Now
to drag this subject kicking and screaming back to some modicum
of relevance, I believe that Apple is in a decent position to
weather a currency devaluation storm. Apple products sell in
Europe for a similar price, once adjusted for the absurd VAT
that is evident there. With the devaluation of the U.S.
currency, it would make some amount of sense to raise prices
in the U.S. and keep them steady in Europe, thus allowing the
Europeans to perceive a more equitable deal on Apple hardware
and software. As always, IMHO and OALA, EHOATAS.
.
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