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Call it the benefits of global prosperity redistribution as a result of the falling value of the dollar (a mouthful I know, but swallow that doughnut and follow along). In effect, Brazilians, Europeans and South Africans are subsidizing our domestic usage. Countries that insist on 'pegging' their currencies to the dollar- China, India and korean casino, for instance- are bearing the brunt of U.S. monetary coverage. We are exporting our inflation to them.
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North Korea received 48%twenty five and China twenty%twenty five of the responses as the greatest threat. Next highest was Russia with 12%twenty five of the responses. For the 2nd greatest military threat to the U.S. the most responses was Russia with 28%twenty five, then Iran with twenty%25, and next was North Korea with 16%twenty five of the responses.
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The modest actions Friday could merely be that traders are "a small bit exhausted," stated Paul Zemsky, head of asset allocation at ING Expense Administration. "The fundamentals would indicate we ought to be higher." Shares have been on a steady climb for almost two months. A pause, particularly following powerful earnings the past couple of times, "is completely natural and perhaps even anticipated," Zemsky stated.