Quote:
Originally posted by RawAlex@Oct 12 2004, 01:27 PM
it is very likely that a "regime change" in the US will have significant economic repercussions that might actually lead to the dollar increasing in value.
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The deficit will still be there, if Kerry becomes President - sure he will rise taxes, and get extra income, but if he does not cut down on goverment spending + make it attractive to invest in the US, then the deficit will still be there. Higher taxes doesn´t solve the fundamental problem with the deficit. Bush´s plan is not any better than Kerry´s plan - the most both creative minds have been able to come up with is who shall be taxed. Also the world will probably see more conflicts, before it gets better... so IMO the dollar will not be worth more than today, actual there is a better chance for it to drop 5-10%, than to gain 5-10%.
Now, if you would really like to get more candian dollars, euros etc. in exchange for US dollars, then vote for someone who will fuck up your countries economy, so they get worse than the US
10-13-2004
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