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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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OT - You Might Want To Buy Those Chinese Tools Now Instead Of Latter
Looks like the American dollar is headed downward for the near future.
You might want to buy those Chinese tools you have been looking at before the price increases. TMT IMF's Rato-Dollar overvalued despite orderly slide Sat Oct 20, 7:25 PM ET The dollar is overvalued in the medium-term even though it has depreciated in recent years, and markets are betting on the greenback to fall further, International Monetary Fund Managing Director Rodrigo Rato said on Saturday. "In the medium term, the dollar is overvalued," he said at a news conference, adding "the markets are also betting right now that the dollar is overvalued." He said the decline of the dollar, which has shed some 8 percent against the euro this year and hit a record low against a basket of major currencies, has been orderly and added that the exchange rate is set by markets. |
#2
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OT - You Might Want To Buy Those Chinese Tools Now Instead Of Latter
Too_Many_Tools wrote:
Looks like the American dollar is headed downward for the near future. You might want to buy those Chinese tools you have been looking at before the price increases. yeah, that helps fix the problem. |
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