Posted by paul on November 25, 2015 at 15:16:34 from (76.77.197.114):
In Reply to: Cause and effect posted by Geo-TH,In on November 25, 2015 at 14:59:27:
Yea, China is slowing their growth rate from near 8 to maybe only half that. They have had some major ecconomic growth the past decade. Now, not so much.
Coupled with the USA dollar being worth more... Not because the USA is in such good shape, but because all of Europe is in rough shape, and Asia too is falling backwards faster than ipus.
The higher dollar value is something USA politicians and bankers want - either party makes no difference - so they are trying desperately to raise the value of the dollar.
The higher dollar helps Wall Street but it makes our commodities - scrap iron, corn, wheat, soybeans, fuel, etc - worth very little.
And so scrapers and farmers and others in commodities will struggle again.
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