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- Cheryl Casone joined FOX Business Network (FBN) in September 2007 as an anchor. Prior to FBN, Casone served as a correspondent for FOX News Channel’s (FNC) business unit and was a regular guest on FNC’s Your World with Neil Cavuto. Casone brings years of experience covering finance, business, and consumer news to FBN.
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hungry
In reading the article based off the Financial Times Washington is unable to call all the shots http://www.ft.com/cms/s/0/16e9f3e8-5944-11de-80b3-00144feabdc0.html?nclick_check=1 one thing is not considered ....as China is stock piling raw materials , and say that a price collapse comes from it in commodities , even if this happens , what if China decides to not take our dollar for the durables we want to import from them and with energy countries that supply world market supply unless its in this ETF Fund basket of currencies back by Precious Metals is where the dollar becomes an excepted currency for trade as this becomes the New reserve currency for international trade ? http://www.wisdomtree.com/library/pdf/materials/WisdomTree-Case-for-Emerging-Currencies-CEW-570.pdf The USA can not recover and pay higher taxes , and increased wages , based solely off a consumer driven market that cannot maintain a 14 trillion dollar a year rate of consumption and the consumables be lowering in price , as its devaluing effects only leads to a Consolidation of the wealth being created . We have watched this play out since the formation of the WTO and the Tariff Free trade agreements that took away the counter balance to different valued currencies trading in the same markets , the lower devaluing the higher because of a pure supply-side economic theory that ends in pure devaluation and transfer of wealth creation ; ie manufacturing as a primary unit of wealth creation .
hungry
We need a new way to Counter balance the currencies of International Trade , like is described below ..... this will set the pace for a new International Monetary Policy , backed with PM markets This ETF traded fund is a start of a new way of valuation of currency trade to help counter balance the trend of different valued cuirrencies trading in the same markets , and their devaluing effects that happen when lower valued currencies trade in the same markets as Higher valued ones , with the inclusions of Precious metals markets acting as balancing counter measures . http://www.wisdomtree.com/library/pdf/materials/WisdomTree-Case-for-Emerging-Currencies-CEW-570.pdf You see Goldman is even seeing this trend as a Positive direction for sustainable growth Goldman Sachs | BRICs Over the next 50 years, Brazil, Russia, India and China—the BRICs economies—could become a much larger force in the world economy. We map out GDP growth, ... http://www2.goldmansachs.com/ideas/brics/index.html BRIC economies factor of stability and growth: Indian PM http://news.xinhuanet.com/english/2009-06/18/content_11560651.htm The true rating of the dollar as the reserve currency is legitimately being questioned , and since the indoctrination of Tariff Free Trade in the 1994-5 trade policy America adopted , the devaluation of the dollar has ensued .