Sunday, October 25, 2009
Helping Teenagers Find Their Dreams
This article I found in the New York Times is very interesting. For every one, when we were children, we must have had dreams about the occupation in the future. However, just few people can finish these dreams. In addition, many people will choose the jobs they do not like becasue of their parents. In this article, the author thinks that parents should give their children more space and time to figure out their interests rather than give them information or experiences what they have to do. For some children who just accept recommendation from their parents, they just wind up their parents' dreams, not their owns. On the other hand, even if the children choose a profession which is difficult to accomplish, the parents can not stop them immediately becasue it will make children feel frustrated in the future. The author also thinks that parents do not need to worry about teenagers who have no idea what they have to do in the future. They will find out it eventually. The best way for parents is helping their children find out their likes and dislikes and choosing suitable jobs.
Sunday, October 18, 2009
Dollar’s Decline Brings Troubles but an Upside for Exports
In recent years, the dollar has lost the status of the world's premier reserve currency gradually. Most of people will think that the weakness of dollar is a bad phenomenon. However, for corporations which export products to other countries is a good news. In the past several years, the strength of dollar made those corporations suffer for a long time. Now, because of the dollar's rapid fall, their products become more competitive overseas. On the other hand, for some people who likes to buy imported goods or to travel to other countries, they have to change their habbits. In addition, some experts think that the government has to find a good way to improve the weakness of dollar. If the dollar still fall, the dollar will be no longer the currency of favor and the USA will lose the position of world's leader. In my opinion, the rise and fall of the dollar is just a trend. It is just like a stock market. It is impossibe to rise or fall forever. People do not need to worry about it too much.
Monday, October 12, 2009
World bank head sees dollar's role diminishing
According to the president of World Bank, the dollar now is losing its unchallenged economic super power gradually. On the other hand, the Euro and the Chinese Renminbi are replacing the position of dollars. In addiiton, Mr. Zoellick, who previously served as the United States trade representative and as deputy secretary of state thinks that Euro's acceptability will grow becuase it offered a respectable alternative for financing international transaction. For Chinese Renminbi, even if the president of China decided to decrease the use of Renminbi in the international transaction, many experts still think that it will envolve into a force in financial market. Furthermore, because of the decrease of using Renminbi in the international transaction, the China government can control the exchange rate easily. It will help Renminbi to gain predominance in the financial market. As we know, dollars has been the most common currency over the world for a long time. However, now the dollars will face the challenge from the euro and Chinese Renminbi. the US government should think find out some methods to face.
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