Quote:
Originally posted by RoninLB
I've been trying to connect $ velocity and $ multipler to give you a hard answer. It seems the terms may be connected and may be Not connected. It also seems like the terms may have different specific meaning. It seems like the wording is peticuliar to the subject where it's used. A specific company may use the term velocity as sales costs minus variable costs.
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An interesting read is about the current large econonic growth in Austrialia.
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Ron, thanks so much for this excellent write-up, very interesting stuff.
What exactly do you mean by "My percetion is that Bush is making socialist Europe pay for the growth in the US, India, and China. Socialist Europe wants to try to balance US power. It's costing them big time to play this game."
The value of the Euro is at a 29-month high and check this article out in the International Herald Tribune:
http://www.iht.com/articles/2004/12/15/bloomberg/sxlynn.html
on how Europe is benefitting from trade with China.
I couldn't find an exact $ amount on US exports to China, but I recall Germany, Britain and France export more to China than we do.