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No Stable EURO Please
4 Comments
Gold and the Dollar: Value is in the Eye of the Beholder [view article]
The biggest threat to US economy is a stable Euro. With massive debt of over $55 trillion (source: truthin2008.org), the only way we can prevent a disaster is to make sure that there is no stable alternative to US$. The world has been our banker because of faith in US$ and this is why they have been lending money to us despite massive national debt. If a stable alternative currency such as Euro replaces US$, who is going to finance our debt laden high standard of living? Mar 04 02:08 PMFox Business Network Off To Weak Start [view article]
They have better videos on WSJ website. They need to borrow some for the TV channel. Jan 04 10:01 AMUnimpressed With Amazon's Wireless eBook Reader [view article]
Nokia N810 is similarly priced and is a much better device than Amazon Kindle. It is just a matter of time before someone makes Amazon format readable on N810. It is light years ahead of Amazon Kindle and has full browser, touch screen, GPS and a lot more. Nov 20 03:26 PMHomes No Longer Affordable To the Average American [view article]
REAL ESTATE SPECULATORS HAVE MADE HOUSING UNAFFORDABLE FOR YOUNGER GENERATION:I have been in market to buy house since Mid 2006 in Maryland. The house prices in this area have doubled since 2001 but most of the salaries have only gone up 10-30%. The speculators have made housing unaffordable for the new generation or anyone who was not able to get on the bus prior to 2001-2002. Any federal government bailout (using tax money of renters to bail out the home owners who get mortgage interest tax deduction) will hurt the young generation significantly by keeping these inflated prices high and forcing them to stay as renters. The house prices need to come down to match the salaries of average worker in this area in a free-market manner without intervention from federal government. Sep 26 02:07 PM