Global investors didn't get the memo

Poofy bastards just aren't with the program and keep fleeing to dollars. This is not what The Messiah wants to see folks. Show some fucking spine ferchrisakes. No desert for you tonight!

...Against sterling, the US currency notched up its 11th consecutive day of gains – its longest uninterrupted rise in more than 35 years – as markets became increasingly convinced that the US was best-placed to weather the global downturn...

What we're looking for here is a few good men willing to risk their fortunes on some punk ass leftist dictators. Surely someone will go to bat for Robert Mugabe and toss a few billion Zimbabwe's way, right? Hugo needs a little love too these days. Its not easy being a crank conspiracy theorist thug.

Posted by: Purple Avenger at 09:24 PM

Comments

1 Much like fascism.... ...always descending on the United States (Unless there is a dem in the White House), but somehow it keeps landing in Europe

Posted by: Ryan Frank at August 15, 2008 09:30 PM (pB6T9)

2 Meanwhile, the Euro keeps slipping in the money markets and growth in Germany less than what the US had is considered "sizzling."

Posted by: Christopher Taylor at August 15, 2008 09:39 PM (0+Ggj)

and toss a few billion Zimbabwe's way

I think you mean, "and toss a few hundred-zillion-trillion Zimbabwe's way"... at least in Zimbabwe dollars.

Posted by: andycanuck at August 15, 2008 09:48 PM (OuMcZ)

4 Wow, the rest of the world must be completely stupid. Don't the listen to the American media about how we're in the midst of a 7 year depression, and the US economy has never been in worse shape? Jeez, some people!

Posted by: TJ at August 15, 2008 09:54 PM (W4Ivi)

5 toss a few billion Zimbabwe's way

Sure thing. That's like, what?, two or three American dollars, right?

Posted by: kbiel at August 15, 2008 10:13 PM (HAib+)

6 That's like, what?, two or three American dollars, right?

Racist!

Posted by: Robert Mugabe at August 15, 2008 10:36 PM (Ub4J5)

7 I thought this was the worst economy since Herbert Hoo--aw, fuck it.

Posted by: Sean M. at August 15, 2008 10:39 PM (e6v7s)

8 Mnemonic: You'd probably only want to cross a desert once, but not mind having two desserts.

Posted by: bour3 at August 15, 2008 10:48 PM (9YONe)

9 Buy low... I tried to tell people this last year, but, frankly, people can be stupid.

Oh, well.

Posted by: Merovign at August 15, 2008 10:50 PM (UXoQt)

10
Strong dollar probably won't be good for our exports, though. Exports have played a large role in helping keep the economy up.

Just sayin'

Posted by: electricferret at August 15, 2008 10:51 PM (kKO7A)

The meme will now shift to "Oh Noes! Foreigners is buying all teh U.S. companies!!!!"

Posted by: Warden at August 15, 2008 10:51 PM (10xLG)

12 Yeah, didn't you get the memo?

Posted by: Samir Nagheenanajar at August 15, 2008 10:53 PM (U9h+H)

Ahhh, yeah. Did you get that memo?

Posted by: Bill Lumbergh at August 15, 2008 10:55 PM (U9h+H)

14 This is great. I get paid in dollars but regularly have to wire funds to the UK. Ł1 = $2 was killing me. The fact that all Labour governments end in a sterling crisis has an upside, for once.

Posted by: David Gillies at August 15, 2008 10:56 PM (9RPWx)

15 Ohl righ', ohl righ', wots ohl dis den?

Bye'n Yankee Imperialist Dollars instead of gud ol' British Pounds? No' ta mention those pansy Euros?

'Tis noh' t' be allowed, nahw. Ye'll be buy'n t' propah currencies, nahw, mind?

Raight. Don' be makin' me cum back, now, ye fancy?

Posted by: MontyPythonBobby at August 15, 2008 11:03 PM (/9WmP)

16 Yeah, EVERYONE hates the US, except when their economies get rocky, then they line up for US dollars. Go figure.

Posted by: GarandFan at August 15, 2008 11:27 PM (eJ32B)

This is good for Mitt Romney somehow, right?

Actually, I think maybe the dollar is going up cause Obama's on the wane - his stock is quite low. He got rolled by the Clinton's on the roll call. I am sure he is thinking, what can it hurt, throw the lady a bone, she gets to hear cheers, I get the nomination.

Like the Clintons went to all that trouble to get Hillary humiliated.

Posted by: blaster at August 15, 2008 11:36 PM (BiphJ)

It started with eurozone report showing economic weakness across the board in Western Europe. Well doh, us dollar spenders were screwing their backsides. I bought a BMW at the worst point in the exchange rate but guess what, my dollar bought the same amount of German engineered car as when the rate was 1.25 to 1. So what gave? You know what gave, the european companies bottom lines.

The second punch in this one two combination is of course the revival of the antipathy between Russia and the US/West. The russians showed europe to be vulnerable. Again. It's back to the future.

Posted by: pc at August 15, 2008 11:43 PM (S7zPk)

19
So can we bury the Ron Paul GOLD STANDARD CRAP. Please....

Posted by: unseen at August 15, 2008 11:56 PM (aVGmX)

20 Bastards! How is this going to help the MSM keep the US economy tanking until November... or help Michelle's kids? Well?

Posted by: sherlock at August 16, 2008 12:34 AM (ojW85)

21 Man....I guess I was stupid betting on Venezuelan Bolivars against dollars.

Posted by: Joseph Kennedy at August 16, 2008 12:47 AM (7rbe9)

What we're looking for here is a few good men willing to risk their fortunes on some punk ass leftist dictators

Are you fucking kidding me?!? Men, plural?!? How about one great man. Two words, Fred Baron!

Posted by: AndrewsDad at August 16, 2008 01:00 AM (bSdbt)

23 This is only good news. Especially for commodities. My hope and opinion is that will soon come down.

Posted by: Ralph at August 16, 2008 01:01 AM (QZjCr)

24 Meh. The Euros (And Euro) are experiencing a correction. Speculative bubbles and all that. Probably sucks to be George Soros right now, but I'm not really shocked that even international markets have to face reality eventually.

Posted by: VRWC Agent at August 16, 2008 01:21 AM (o2slJ)

What it could be: investors see that Russia is on the move again, and are betting that this means McCain and a Republican House in '09.

I'm just trying to see how the Elders of Zion fit into this somehow.

Posted by: David Ross at August 16, 2008 01:27 AM (qIcpU)

26 But Bush has pushed the country into a disastrous recession that's lasted for years but is constantly just around the corner because the damned economy keeps on growing, dammit! Cognitive dissonance hurting head!

Posted by: Erwin Hussein O'Barry at August 16, 2008 06:31 AM (eepJm)

27 Reversion to the mean's a bitch, ain't it?

Posted by: Andy at August 16, 2008 07:24 AM (iIvIk)

28 I had suspected that the rise of the Euro versus the dollar was mostly politically-motivated manipulation by the Eurozone. Now that they realize that they aren't going to have an impact come November (i.e. Barack is toast - without jam) they can stop inflating their economies.

Of course, I could be full of shit too.

Posted by: brian at August 16, 2008 08:43 AM (Pe8i3)

29 politically-motivated manipulation by the Eurozone...

The Messiah promised us this sammich wouldn't taste like shit. He lied, it tastes like shit.

Posted by: The Eurozone at August 16, 2008 10:17 AM (6L459)

30 Typical AP lead: "Despite a [insert term du jour for bad] economy, [insert positive economic factor occurring in US]."

Posted by: Wilhelm Klink at August 16, 2008 11:24 AM (GGhvX)

31 The Euros (And Euro) are experiencing a correction. Speculative bubbles and all that. Probably sucks to be George Soros right now, but I'm not really shocked that even international markets have to face reality eventually.

I had suspected that the rise of the Euro versus the dollar was mostly politically-motivated manipulation by the Eurozone.

Not just them, people in the US and in the Middle East. These were the same people saying things like "it used to be that when the US sneezed, the whole world got sick but the economy is more diverse and global now," presuming that the US economy could tank and it wouldn't hurt anyone else. Now they know: and other people get hurt even more than the US does.

Posted by: Christopher Taylor at August 16, 2008 11:32 AM (0+Ggj)

32 The US has the most stable and the most dynamic economy in the world. So not suprising in the least.

If a new Cold War is dawning, it will be annoying for us but very bad for Europe. So, we win again.

Posted by: Bob from Ohio at August 16, 2008 12:42 PM (cQlDu)

33 Probably sucks to be George Soros right now

Maybe he'll change his name to Sore Ass after this butt-surfing. Couldn't happen to a nicer guy.

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