Date: Thu, 25 Nov 2004 10:49:24 -0700 From: "John P. Mullen" User-Agent: Mozilla/5.0 (Windows; U; Windows NT 5.1; en-US; rv:1.7.2) Gecko/20040803 X-Accept-Language: en-us, en MIME-Version: 1.0 Newsgroups: soc.culture.japan,soc.culture.scottish,fj.life.in-japan,soc.culture.irish,soc.culture.korean Subject: Re: Promote Peace: Boycott USA goods References: <52d3f97e.0411212013.7111438b@posting.google.com> <1wtod.48644$7i4.31262@bgtnsc05-news.ops.worldnet.att.net> <41a29357$0$24335$a8266bb1@news.titannews.com> <41a3eea0@nntp.zianet.com> In-Reply-To: Content-Type: text/plain; charset=ISO-8859-1; format=flowed Content-Transfer-Encoding: 8bit NNTP-Posting-Host: ras01-216-31-89-203.lru-dial.zianet.com Message-ID: <41a61b16@nntp.zianet.com> X-Trace: nntp.zianet.com 1101404950 216.31.89.203 (25 Nov 2004 10:49:10 -0600) Lines: 62 Path: ccsf.homeunix.org!ccsf.homeunix.org!news1.wakwak.com!nf1.xephion.ne.jp!onion.ish.org!news.heimat.gr.jp!news.tutrp.tut.ac.jp!news.cc.tut.ac.jp!nfeed.gw.nagoya-u.ac.jp!news-sv.sinet!newsfeed.mesh.ad.jp!news.moat.net!meganewsservers.com!feeder2.on.meganewsservers.com!feed.cgocable.net!news2.epix.net!news-pen-1.sprintlink.net!nntp.zianet.com!not-for-mail Xref: ccsf.homeunix.org fj.life.in-japan:22485 MacHamish wrote: > On Tue, 23 Nov 2004 19:15:06 -0700, "John P. Mullen" > wrote: > > >>Rykk wrote: >> >>>>in article 41a29357$0$24335$a8266bb1@news.titannews.com, Ian Smith at >>>>ianinhoose@btinternet.naespam.com wrote on 11/23/04 10:47 AM: >>> >>> >>>>> The entire world (the other 94%) doesn't have to use dollars, and >>>>>it certainly wouldn't be the end if the dollar collapsed. The people >>>>>of America should realise this. However, I'm not anti-American, and I >>>>>continue to buy their products/services. They have achieved much, and >>>>>many can learn from them. It doesn't make them perfect, though. The >>>>>question is, can they/are they willing to learn from the rest of the >>>>>world? >>> >>> >>>As I said. Many countries currencies are Pegged to the dollar. That >>>means for every point the dollar goes up or down, that countries >>>currency goes up or down automatically by the ratio they pegged thier >>>currency at. >>> >>>If you don't think a depression in the US will lead to a depression >>>everywhere else. Read more history. >>> >>>The US is a significant percentage of the World Economy. Other >>>countries with large Economies, Such as Japan have a significant amount >>>of their economy invested in the US. Hurting the US hurts these >>>countries. Ruining the US economy won't be be the end of the world. >>>But then again. Neither is drinking from the toilet. You just won't >>>feel very good afterward. >>> >>>Rykk >> >> >>Interesting theory, but no relation to facts. >> >>Here are some facts >> >>http://www.x-rates.com/d/EUR/USD/graph120.html >> >>It seems like nobody tracks to the USD. It also seems the USD is >>falling with respect to most currencies. >> >>John Mullen > > > Chinese Yuan. > > http://www.x-rates.com/d/CNY/USD/graph120.html > > MacHamish Mór The need to adjust the Chinese Yuan exchange rate http://english.epochtimes.com/news/4-11-4/24165.html John Mullen