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The United States is first of all a gigantic consumer and in this quality indispensable for the world.
A woman and an Afro-American this was outside the traditions of the.S.
But where will then China go to with all its low- and hi-tech export?).Bankrupt banks are bought out, budget money is injected into stock markets and discount rates are lowered at one or two day intervals.What will happen to purchasing power of the Americans in case of Obamas or, on the contrary, McCains victory?The bombing of Baghdad in 2003 jolted up oil futures by tens of percent.Under Republican administration the price for a barrel of oil soared above 140 and the dollar looked so dismal that it prompted some authoritative experts to predict its quick demise as a world reserve currency.Presidential elections; the most promising Democrat stepped aside; so McClain gained a significant head start.
Such solutions require a strong dollar, which is impossible without cheap oil.
Why was it the Republicans, who managed to implement such decisions?
How to make oil cheap?Just the right price brackets to turn the European Unions aspiration to become the most competitive and dynamically developing region in the world into dust.Dollars; taxes and other domestic costs in cheap roubles).Putting aside the motley ideological peeling waste, the gist of these programs boiled down to simple paradigms: Strong dollar cheap oil (Democrats) and weak dollar expensive oil (Republicans). The world economy will start its recovery not earlier than 2010.Meanwhile the two presidential terms of Democrat Bill Clinton ( ) were fundamentally different from the two terms of Republican George Bush ( ) preeminently by their economic programs.But this attempt was dangerous and apparently ill-judged and of so far unclear authorship.The Democrats have no access to this mechanism.In the current situation, one may detect recession features of the early 2000th and in case of Russia even analogies with 1998.Besides, a steadily strong dollar (in addition to a rouble left without state support) is significantly improving the positions of key rough exporters and first of all those of alrosa (diamond export in expensive.S.Appeared just made of reinforced concrete.Among the volunteered evaluations and outlooks the following appear to be the most important: - The financial crisis in the United States was provoked by subprime mortgage lending as a consequence of the governments attempt to saturate the countrys economy with cheap money to overcome the.Spectacular terrorist acts, picturesque militants (preferably in the oil exporting countries) and finally the pearl of the operation long-suffering Iraq.In the period of Clintons administration the price for oil was sufficiently steady and fluctuated around the point of 20 per barrel while the position of the.S.
In 2004, the Republican candidate scored a far more easy victory over John Kerry despite the 9/11 terrorist nightmare, casualties in Iraq and Afghanistan.
Consumption level to a new and above-normal height.
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