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i am no economist, but there is correlation between the declining US dollar and increasing property values.
one can see how government-inspired real estate frenzies maintained property values aloft with the 2002 USD.
i am no economist, but there is correlation between the declining US dollar and increasing property values.
one can see how government-inspired real estate frenzies maintained property values aloft with the 2002 USD.
Then 2002 was the top of the market all things adjusted?
I am no economist, but there is correlation between the declining US dollar and increasing property values.one can see how government-inspired real estate frenzies maintained property values aloft with the 2002 USD.
America seems to go through these property buying frenzies in cycles. Prices go up and down, but the trend overtime is always up. Just hold on.
The correlation between the declining dollar and rising home prices is that the Federal Reserve lowers interest rates to make borrowing to buy a home easier. Increasing the supply of money then inflates home prices, but the relative value of the money in relation to other currencies decreases because there are more dollars out there than wanted by Europeans or Japanese or whomever. As a result the Euro or Yuan can be traded for more dollars. Which of couurse they lend back to us at interest so we can buy more cheap Chinese goods at Walmart.
I think the Chinese are getting back at us (the Western World) for doing the same thing to them for about 100 years - remember the Opium War, Imperialism and the Open Door Policy from High School - or were you asleep, they weren't.
good point, but havent interest rates been declining for 25 yrs? that would not explain the real estate cycles and the currency rate cycles in the past 25 yrs, which did not coordinate with the interest rates declining.
in 2002, 30 yr mortgage rates were at 7%, compared to 18% in 1980, yet the value of the US dollar was double of what it is now, relative to major currencies including Euro, Pound, and Brazilian, while houses in many parts of the US were half the cost of today's.
the revenge theory justifies the chinese behavior. poor guys took alot of stuff from the whites and got nothing in return? but recalling history really justifies the caucasoids. since at one point, western china, mongolia, central asia (from iran to siberia, russia) was inhabitated by ancient caucasian civilizations: Scythians, Parthians, Sarmatians, Iranians, Celts, Slavs... all to be annihilated and whiped out from a 2000 year onslaught of mongoloid savagery.
their conquests were much more brutal then ours, their cultural achievements were minimal.
Last edited by MoreDudley; 08-25-2007 at 05:45 AM..
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