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Obama Stock Professional Transformed Foreign exchange Specialist})(),louboutin femme;China's calling for a super reserve currency as the Fed and Treasury stack on trillions of dollars in US debt,louboutin.While I don't think China will get their wish for a new global reserve currency anytime soon, I feel their pain,Louboutin pas cher.}Name:Email:Obama Stock Analyst Turned Currency Analyst-->Evidently, Obama has more extensive resume than I previously thought.If fact, heï؟½s one of the few Presidents in our nationï؟½s history that is comfortable being astockanalyst.Heï؟½s not just President and ï؟½Stock Analystï؟½ but heï؟½s also a Currency Analyst too now,louboutins homme.In fact, we donï؟½t even needeconomistsanymore now that weï؟½ve got Obama.We can save lots ofmoneythere by firing all of the economists that the government hires!)In last nightï؟½s address,Chaussures Louboutin, Obama said that the ï؟½dollar is extraordinarily strong becauseinvestorsare confident in the ability of the U.to lead a worldwide recoveryï؟½ï؟½and he went on to reject calls for a global currency,louboutin femme.Youï؟½ll remember that Geithner said that ï؟½Obama thinks China is acurrencymanipulatorï؟½ (referring to their yuan)ï؟½.Chinaï؟½s calling for a ï؟½super reserve currencyï؟½ as the Fed and Treasury stack on trillions of dollars in U.Well, since China sees that weï؟½re driving down the yield on the instrument that they hold the most of, and they see us stacking on debt and wonder if we have the ability to honor our obligationsï؟½can you blame them for considering the thought of ï؟½wanting another currencyï؟½ that isnï؟½t laden with debt as the ï؟½worldï؟½s reserve currencyï؟½?Donï؟½t get me wrongï؟½Iï؟½m a red blooded American and love the fact that we hold the spot in the world to where we are the worldï؟½s reserve currency.However, the latest moves from the Fed and Treasury are bent on debasing our currency and not strengthening it.So itï؟½s a pathetic thing when Obama says our dollar is strong and gives that lame excuse of a reason when he knows that at the same time, the Fed and Treasury are about to make an ï؟½all out assaultï؟½ on the dollar in order to artificially prop up stocks.You see, he knows most Americans never look at a chart of the dollar.Upon looking at the chart, I think you can see why China is worried and why Obama isnï؟½t as good of a currency analyst as he thinks he is.I seeuptrendline afteruptrend linebroken (blue lines) and lower highs which shows less conviction in buying and more conviction in selling the dollar at this point.Amazingly, heï؟½s probably ï؟½spouted offï؟½ just in time for a top to form!Many Obama should stick to his ï؟½day jobï؟½ since it seems like it should keep him busy enough.China may not get its wishes, but their comments certainly put ï؟½another dentï؟½ in the dollar!While I donï؟½t think that China will get their wish for a new global reserve currency, I do see where they are coming from and feel their pain.Unfortunately, our country makes such baddecisionsat the government level, that there will probably come a day where we ï؟½go the way of Romeï؟½.It is possible that we may see us lose the ï؟½worldï؟½s reserve currencyï؟½ status in our lifetime.A country can never prosper long term by debasing its currency.And if you look at a 30 year chart of the dollar, you can only come to the conclusion that our government is bent on devaluing the dollar long term.This will only drive upinflationfor ï؟½Main Streetï؟½ and eventually cause a lack ofconfidencein all of the foreigners that we are dependent upon to buy our debt (Treasuries).Learn aboutcurrenciesthrough our Currency Course, so that you donï؟½t have to trust Presidents, Fed Chairmen, Treasury Secretaries or any other economist/analyst out there.Find out for yourself how they move and what moves theman HymanRelated Articles A Career in Financial Analysis Awaits You Why We NEED A Business Analyst Choosing a Broker Analyst says we shouldnï؟½t expect revamped Mac desktops anytime soonï؟½but I beg to differ 'Underwhelming' response to desktop updates -- and the laptop vs.desktop equation Getting Everyone on Board for an Improvement Project Trading To Win-5 Great Nuggets Of Wisdom Leverage And Forex Trading Great Tips For Trading Success Kindle app for the iPhone wonï؟½t affect Kindle 2 hardware sales India's Tata Coffee shares jump on Starbucks deal Different Types of IT Jobs Luxury Consumption Tendencies in Recession: Early Evidence Things I donï؟½t think weï؟½ll see: a 99 buck iPhone, an Apple television All About Earnings Four Tips to Keep a Company Dinner on Positive Footing Using Managed FX Accounts to Diversify Your Investments Macs more expensive?Not if you consider TCO How start trading FX in 3 steps Troubles grow in Spanish banking rescueRelated articles: http://note.vita-cantabile.org/2008/....html#comments http://uglynudechicks.com/node/1#comment-17912287 http://xblcom.com/plus/view.php?aid=141953