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(Reuters)   Donald Trump, Mitt Romney and other neo-cons aren't the only people upset over Obama's win... Asia's not too happy, either   (reuters.com) divider line 27
    More: Interesting, obama, Nomura Securities, Dxy, u.s. elections  
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4619 clicks; posted to Business » on 07 Nov 2012 at 11:09 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



27 Comments   (+0 »)
   
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2012-11-07 10:15:08 AM  
Maybe because they know the House is going to play chicken with the economy again.
 
2012-11-07 10:33:15 AM  

Mentat: Maybe because they know the House is going to play chicken with the economy again.


Nah, why would they ever do that!??
 
2012-11-07 11:34:38 AM  
Who cares what Steve Howe and his cohorts think?

BTW "When the Heart Rules the Mind"....SUCKS!
 
2012-11-07 11:35:28 AM  
Ok. I farked up, GTR actually did that song.

My bad....it still sucks though.
 
2012-11-07 11:42:13 AM  
Paul Ryan as "Lord Humongous" in Mad GOP.

In session this Spring!
 
2012-11-07 11:55:40 AM  
It's Europe, not Obama.
 
2012-11-07 12:26:27 PM  
FTFA: Dollar falls after Obama victory and The dollar was down 0.1 percent against a basket of currencies

One tenth of one percent?

So, basically unchanged. Yawn.

The real story, I guess, is that there are butt-hurt republitards who have jobs writing headlines for Reuters and who are a touch grumpy today.
 
2012-11-07 12:53:39 PM  
I know one Asian city that will forever welcome Barrack.

blogs.state.gov

At least as a visitor. Be sure to get some nice chop sticks while you're there.
 
2012-11-07 12:58:12 PM  
Maybe it was the heat of the moment?
 
2012-11-07 12:59:38 PM  

Pardon Me Sultan: butt-hurt republitards who have jobs writing headlines for Reuters


You don't understand.

First, most of the editorial folks are liberal arts types who almost certainly voted for Obama. Trust me on that.

Second, the rule of financial journalism is that all headlines must consist of a measurable or trend, related to a binary event with the preposition "on". In this case it was a slight decline in the dollar, and the event was the outcome of the US Presidential election.
 
2012-11-07 01:06:18 PM  
Forget about it, Uncle Sam. it's Chinatown.

/a dollar is worth a dime. WTF do they want from us?
 
2012-11-07 01:18:44 PM  
Since when do I care what Steve Howe, Carl Palmer, John Wetton, and Geoff Downes have to say?

// too obscure?
 
2012-11-07 01:21:06 PM  

Mentat: Maybe because they know the House is going to play chicken with the economy again.


Or maybe they dont like us devaluing their investment by running the presses.
 
2012-11-07 01:33:33 PM  
Japan is Asia, now? Are you trying to start a war with China, subby?
 
2012-11-07 03:16:28 PM  
"The dollar fell on Wednesday after U.S. President Barack Obama's re-election for a second term was seen ensuring Federal Reserve quantitative easing will stay in place."

LOL! Hellooooo $12.00 per gallon gasoline and milk! The food riots will begin around 2016-17.
 
2012-11-07 03:29:37 PM  

bookman: LOL! Hellooooo $12.00 per gallon gasoline and milk! The food riots will begin around 2016-17.


Sooner than that.
 
2012-11-07 03:46:13 PM  
I just want some good steady inflation along with wage increases so my mortgage is relatively "cheap"
 
2012-11-07 04:18:04 PM  

Girion47: I just want some good steady inflation along with wage increases so my mortgage is relatively "cheap"


Yeah - I think about that all the time
 
2012-11-07 05:05:32 PM  

Objectesticle: Girion47: I just want some good steady inflation along with wage increases so my mortgage is relatively "cheap"

Yeah - I think about that all the time


Got bad news for you. Wages won't increase with inflation. Essentially, think Zimbabwe, or post Great War Germany.

Sigh. I just can't go through with the snark. We're supposed to see huge inflation to get us out of the Baby Boomer retirement mess but it ain't happening on schedule. Money the US borrows today is almost a revenue center because our inflation is higher than the rates paid out. We borrow as much as we do because it's free money. They have actually discussed charging people outright to park their money with the Treasury because demand for US debt has gotten so high. The only reason the budget deficit isn't 20 trillion dollars this year is Congress, there is that much money floating around looking for a safe haven.

I have confidence that the House will manage to sink our credit rating much further this time and remove that demand, forcing the government to bleed out on its debt burden like conservative ideology insists must happen. They will change reality to suit their models.

That is what has the world nervous. The nuclear football is nothing compared to a House determined to ruin the world economy in the name of purity.

I might add that if another country tried to do that to us, our military would be on them like stink on a warthog.
 
2012-11-07 06:39:32 PM  
good. the lower the dollar goes the easier it is to sell our goods over seas and helps to fark china.

we should be fighting a trade war with china becasue we would farking win it.
 
2012-11-07 06:51:12 PM  

bookman: LOL! Hellooooo $12.00 per gallon gasoline and milk! The food riots will begin around 2016-17.


You forgot "He's going to take away our guns."

I guess no one caught the story that China like's this guarantee of stability
 
2012-11-07 07:38:28 PM  
Asia hasn't been important since their second album.
 
2012-11-07 07:51:45 PM  
So now we find ourselves in '82?
 
2012-11-07 11:10:06 PM  
I pay her to rub her tits in my face,
not to give her political opinions.

chicagostrippersforum.files.wordpress.com
 
2012-11-08 12:34:26 AM  
Well its all about everyone being equal and punishing the rich, well punishing the chosen rich while keeping their chosen few rich.
 
2012-11-08 08:59:29 AM  
I have a question maybe someone in this thread can answer. I work for a pretty large company. They give us quarterly business updates, sometimes more often. They've told us more often than not that the company didn't really care who was president, they just waited for the election for more forecasts. That our overseas numbers would wait. Didnt matter either way conservative it liberal to us because we weren't a domestic or multi national company we are global at this point. But we do a ton of business in china and India, with quite a bit in Europe as well at this point. Does this make any sense or is it a ton of bs? I work at cummins if it matters. They've been pretty forth coming with us from what I've been able to tell. And they've always told us things that have came out to affect stock prices a few days later when released to the news so I'm inclined to believe them. I'm just not business or finance inclined .
 
2012-11-08 05:54:49 PM  

steamingpile: Well its all about everyone being equal and punishing the rich, well punishing the chosen rich while keeping their chosen few rich.


No.

It's about ensuring the rich pay their fair share of taxes. If you pay 30% of your income in taxes why should someone who has more money than they could ever spend only have to pay 13%?
 
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