Post Number: 20
|Posted on Monday, November 01, 2004 - 9:06 pm: |
Exchange rates and the election. Suppose Kerry wins. Some analysts think that would be bad for the dollar, as a President Kerry may not be as tolerant of Asian intervention as President Bush is now. Asian intervention in our currency markets has been propping up the dollar and keeping its slide from getting worse than it already is.
Other analysts think that the election of Kerry would strengthen the dollar. Our deficit spending, coupled with our poor interest rates, is keeping foreign investors away, and is therefore lowering the value of the dollar w.r.t. other currencies. Electing Kerry could indicate to foreign investors that the United States is prepared to follow a more responsible economic policy and could encourage them to buy our currency again. I tend to agree with this view.
If the outcome of the election is in doubt and both candidates are forced to go to court to settle it, that may drag the dollar down as that would indicate to foreign investors that our government is unstable.
I guess we'll have to wait and see.
Politics. The European attitude is: We don't like Bush, but Americans in general are still okay. If Bush gets in again, that sentiment could change somewhat. Still, a Euro is a Euro as far as the ladies in the clubs are concerned, and you shouldn't see a drop-off in quality of service. As for the Iraq war, that was a more popular topic two years ago, when the war was getting started. Nobody talks much about it now.
Paradise Lost? Atlantis went down, but is back up again thanks to the folks at FKK World. Will it get back to what it was? Who knows. One thing you can be sure of: times change. Clubs go down, new clubs are started. Popular clubs decline, and so-so clubs get new talent and suddenly become great. Your favorite ladies retire or move on, but you can always meet someone new. I think we'll have our Paradise for a long time to come, and it will be a new adventure each time we visit. Hopefully, we'll still be able to afford it.