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Forex Forum Archive for 11/1/2008
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Mtl JP 15:50 GMT November 1, 2008
so PAR 13:35 .... (that is a post similar to van jv about "hyper-inflation, the likes of which no living American has ever seen")
....any suggestions about investment strategies to scam the socio-communist capitalists with their need to make appear do-gooder solutions they insist on bringing to the great unwashed ?
PAR 13:35 GMT November 1, 2008
(CBS) This story was written by CBS News White House correspondent Mark Knoller
Itâ€™s the surge you wonâ€™t hear anyone boast about.
Never before in U.S. history has the national debt increased as much and as rapidly as it has over the past month.
Since September 30, the day the national debt hit the $10-trillion mark for the first time, the government has run up over $500 billion in new debt.
Thatâ€™s more than the federal deficit for the entire 2008 fiscal year, which ended September 30. And itâ€™s the most rapid increase in the national debt ever: over half a trillion dollars in less than a month - 23 days to be exact.
The governmentâ€™s latest calculation of the national debt stands at $10,530,893,033,778.21 - thatâ€™s $10.5-trillion for short. It took less than four months for it to rocket to that level from $9.5 trillion on July 21.
Less than four months! To put it in perspective, consider this: it took the U.S. government over four decades, from 1940 to 1982, to run up its first trillion dollars of debt.
The second and third trillions were racked up much more quickly - each in just four years. And it only took from 1990 to 1992 for the national debt to hit $4 trillion.
On the day President Bush was sworn in, the debt stood at $5.7 trillion. Less than eight years later, the itâ€™s within days of having swelled $5 trillion dollars on his watch - an embarrassing milestone for a president who considers himself a conservative and an advocate of fiscal discipline.
Como Perrie 09:00 GMT November 1, 2008
btw am hearing frns telling there's a huge amount of police and control, as some govs are concerned of homeland terrorism risks in US in case Obama wins.
Como Perrie 08:55 GMT November 1, 2008
US Recession and Elctions - a strange mix
Consumer data raise recession fears in US
By James Politi in Washington and Michael Mackenzie in New York
Published: October 30 2008 13:17 - Last updated: October 30 2008 23:16
Evidence that the US is in recession grew on Thursday as data showed that a sharp cutback in consumer spending in the third quarter resulted in the economy shrinking at an annualised rate of 0.3 per cent, its weakest performance in seven years.
Although the last key piece of economic data before next weekâ€™s US presidential election was not as bad as expected, it highlighted the fall in activity between July and September â€“ and the challenges facing the next administration.
Hong Kong Qindex 02:07 GMT November 1, 2008
QIndex Trading System
Hang Seng Index : Monthly Cycle Analysis
The monthly cycle congested area indicates that the market has a tendency to trade within 11385 - 14564. The monthly cycle pivot centers are positioning at 11385* - 15493 - 15643. This would suggest that 11385 is a critical supporting point. The monthly cycle projected series indicates that the upper barrier is located at 14167* // 14631 and a good resistant range is expected at 16949 ... 17876*.
Actionable trading levels delivered LIVE to YOUR charts
GVI Trading. Potential Price Risk Scale
Mon 27 May 2019
AA: Major, A: High, B: Medium
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan
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