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USA Debt Ceiling
Comments
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Perhaps this is a good time to buy shares in Pan Am, perhaps even Woolworths. After all, a great American business can only get better.0
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I hope we do have a wobble - I need to to up the majority of this years ISA allowance, and a temporary drop would suit me fine
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Perhaps a temporary drop is what we're seeing now? That's the tricky thing with drops!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
dealer_wins wrote: »Ive got a fiver I can lend the USA to keep them ticking over for a picosecond!!
I believe that the run-rate works out at about $120 per second so your fiver would buy a lot of picoseconds.
Things are not looking so bad after all!
:j:j
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If the exchange keeps rising, it has the happy benefit of greatly increasing money foreign to the dollar. That is ultimately the plan for repaying the debt I believe.
Sterling has not been this positive relatively since 20090 -
I look to increase my foriegn investments when the pound is strong and decrease them when the pound is weak. Not big changes because I'm quite balanced but I do take exchange rates into account when I move things around a bit.
I consider the pound to be quite strong and at the top end of the trading range at the moment. Yes still some way off the old norms of 2007/8 but strong compared to any period since 2009.0
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