Americans watching the last presidential debate, ostensibly on
foreign affairs, might have thought they were watching a science-fiction
movie, like "Armageddon" or "Deep Impact," where asteroids collided
with the earth.
Poof! Europe gone. Poof! Canada and Mexico gone.
Latin America, too. Poof! Africa gone. Poof! India, Japan and Asia gone.
After the dust settled, all that was left was the United States and the
Middle East. Oh, it took a while to discover, but China had survived,
too – barely.
No mention of our long-standing trans-Atlantic relationship with
Europe. Only one smug mention by Romney that we don't want to be like
Greece. Is Europe's stability and prosperity important to us? Where does
Russia fit?
The economic relationship between the United States
and Europe is, as one observer has noted, "the deepest and broadest
between any two continents in history." We share high wages, high labor
and environmental standards and open access to markets. And the backbone
of the economic relationship is foreign investment, not just trade.
We have daily people-to-people contacts with Canada and Mexico, family ties
through migration and a shared North American environment. We share
common political values with Canada and have a direct interest in a
prosperous and democratic Mexico.
The debt crisis in Europe, of course, threatens economies on both sides
of the Atlantic – and worldwide. Yet no mention of the need to restore
growth and confidence. But the trans-Atlantic relationship is not just
about economics. We share an enduring set of common interests and
democratic values, no small thing.
The African continent – with its 57 countries and 1 billion people
who look to the United States as a democratic beacon, and where we get
nearly a quarter of our energy supplies, plus at least 50 rare metals that we need for computers and electronic equipment – got no mention.
India,
the world's largest democracy with more than a billion people,
dominates the geography of the South Asia region. But it, too, got no
mention.
China did get mentioned, but only as a "currency manipulator" (Romney)
or site of outsourced U.S. jobs (Obama). The fact is the Chinese
currency situation has improved markedly; this is not really much of an
issue right now. And the United States, California particularly, is
poised in coming years to benefit from economic exchange with China – if
we can get past the usual China-bashing that is a staple of the
campaign season.
Fortunately, Earth wasn't hit by gigantic asteroids, so Americans and
their political leaders can rediscover and should re-engage with the
larger world – if not in the remaining days of the campaign, then in the
coming four years.
moneyunder30
Sunday 11 November 2012
Tuesday 30 October 2012
Online Trading of Gold
Online trading of gold is one of the many forms of currency trading.
This kind of trading is much like trading anything else on the market
such as silver or oil. However, when it comes to trading these
commodities, it is essential that you are able to differentiate between
them. This is because, in most cases, gold, oil, and silver are traded
by utilizing the currency of the United States. The prices that you see
for gold when you look at the stock market are per ounce.
There are numerous advantages that go along with trading currency on the Internet. There are many traders that have become excellent at making trades, and they use the gold market as their daily job. You can see various charts and quotes any time that you would like to because they are available at all times due to the Internet. There are more people that prefer to make their trades on the Internet because they are able to find up to date information 24 hours a day. This is very different from real time trading in the stock market because you do not have to worry about not making your trade on time. Gold trading is available to everyone, and you can make a lot of money if you learn about the market. You should know that since this market is converted into US dollars, the price of gold actually increases when the price of the dollar falls. This means that you do have to watch the market to ensure that you make your trades at the correct times, but you do not have to watch the currency rates of every country.
There are numerous advantages that go along with trading currency on the Internet. There are many traders that have become excellent at making trades, and they use the gold market as their daily job. You can see various charts and quotes any time that you would like to because they are available at all times due to the Internet. There are more people that prefer to make their trades on the Internet because they are able to find up to date information 24 hours a day. This is very different from real time trading in the stock market because you do not have to worry about not making your trade on time. Gold trading is available to everyone, and you can make a lot of money if you learn about the market. You should know that since this market is converted into US dollars, the price of gold actually increases when the price of the dollar falls. This means that you do have to watch the market to ensure that you make your trades at the correct times, but you do not have to watch the currency rates of every country.
You should keep in mind that when you are trading gold, you would not
actually be selling or receiving physical gold. Instead, trading gold is
like trading foreign exchange currency, where you do not actually send
cash. Instead, you will be able to open an account with a broker, and
deposit money into your account based on how much gold that you could
afford to purchase. The OCT or over the counter system is the one that
is typically used when it comes to trading gold. This allows buyers and
sellers to be able to communicate at any point in time. You do not have
to worry about having to go through the stock exchange in order to make
deals. This is closely related to the foreign exchange currency market.
Thursday 14 June 2012
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