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Diesel Fuel Costs Hurting Shiney Wheels
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<blockquote data-quote="wkmac" data-source="post: 315772" data-attributes="member: 2189"><p>Getting back to fuel costs, none of this can help.</p><p></p><p><a href="http://www.ft.com/cms/s/619b6d18-f392-11dc-b6bc-0000779fd2ac.html" target="_blank">http://www.ft.com/cms/s/619b6d18-f392-11dc-b6bc-0000779fd2ac.html</a></p><p></p><p><a href="http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/17/ccview117.xml" target="_blank">http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/17/ccview117.xml</a></p><p></p><p><a href="http://www.reuters.com/article/businessNews/idUSSYD10719020080317?feedType=RSS&feedName=businessNews&rpc=23&sp=true" target="_blank">http://www.reuters.com/article/businessNews/idUSSYD10719020080317?feedType=RSS&feedName=businessNews&rpc=23&sp=true</a></p><p></p><p>As the dollar weakens, oil will continue to rise and to make matters worse, we have so little manufacturing left in America to even reep the benefits of cheap costing goods on the global markets to benefit closing the trade gap. The manufacturing base was the biggest engine to middle class life which has been greatly effected by global labor markets as well as the cost of mandated gov't regulation on many fronts. I guess the good news is as the dollar declines the American worker becomes cheaper and cheaper so could this mean a return of manufacturing as balance returns to the global labor market?</p><p></p><p>Reading the first article about Greenspan's comments of worst condition since WW2 made we wonder if another "Bretton-Woods" conference is on the horizon and a return to that form of financial governance incluidng a return to some form of gold convertibility for the sake of stability which Nixon abandoned in 1971' thus killing Bretton-Woods?</p><p></p><p>For those not familar with the United Nations Monetary Conference otherwise known as Bretton-Woods this 2 quick articles from Wikipedia give a nice basic overview.</p><p></p><p><a href="http://en.wikipedia.org/wiki/United_Nations_Monetary_and_Financial_Conference" target="_blank">http://en.wikipedia.org/wiki/United_Nations_Monetary_and_Financial_Conference</a></p><p></p><p>and</p><p></p><p><a href="http://en.wikipedia.org/wiki/Bretton_Woods_system" target="_blank">http://en.wikipedia.org/wiki/Bretton_Woods_system</a></p><p></p><p>Neither article should be considered the all in all on the issue but rather as a basic intro and overview. This is not to suggest I condemn nor condone the articles but rather you should research from other sources to confirm not only the footnoted items but also those comments not confirmed with sources.</p></blockquote><p></p>
[QUOTE="wkmac, post: 315772, member: 2189"] Getting back to fuel costs, none of this can help. [URL]http://www.ft.com/cms/s/619b6d18-f392-11dc-b6bc-0000779fd2ac.html[/URL] [URL]http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/17/ccview117.xml[/URL] [URL]http://www.reuters.com/article/businessNews/idUSSYD10719020080317?feedType=RSS&feedName=businessNews&rpc=23&sp=true[/URL] As the dollar weakens, oil will continue to rise and to make matters worse, we have so little manufacturing left in America to even reep the benefits of cheap costing goods on the global markets to benefit closing the trade gap. The manufacturing base was the biggest engine to middle class life which has been greatly effected by global labor markets as well as the cost of mandated gov't regulation on many fronts. I guess the good news is as the dollar declines the American worker becomes cheaper and cheaper so could this mean a return of manufacturing as balance returns to the global labor market? Reading the first article about Greenspan's comments of worst condition since WW2 made we wonder if another "Bretton-Woods" conference is on the horizon and a return to that form of financial governance incluidng a return to some form of gold convertibility for the sake of stability which Nixon abandoned in 1971' thus killing Bretton-Woods? For those not familar with the United Nations Monetary Conference otherwise known as Bretton-Woods this 2 quick articles from Wikipedia give a nice basic overview. [URL]http://en.wikipedia.org/wiki/United_Nations_Monetary_and_Financial_Conference[/URL] and [URL]http://en.wikipedia.org/wiki/Bretton_Woods_system[/URL] Neither article should be considered the all in all on the issue but rather as a basic intro and overview. This is not to suggest I condemn nor condone the articles but rather you should research from other sources to confirm not only the footnoted items but also those comments not confirmed with sources. [/QUOTE]
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