Time to put a brake on the dollar's decline

what happened with the population control?
it is ongoing ;-)

population control agenda 21 vaccines fertility - Google Search
population control - Google Search

 

That's for sure! With the old software, one time I broke the word pussyfoot into pussy foot, and it changed it to p***y foot. I got beat up for thinking pussyfoot was an inappropriate word, when it was really the forum software censoring me.

Tom

 

It's called starvation. If we don't control it any other way, *that* will ultimately be the way our population is controlled.

 

i am afraid that you are right

 

Heck yes, I have. I'm also seeking out the stocks of American companies which do a LOT of business overseas, and which have thriving operations/growth potential in those markets.

Any company which deals primarily or completely in the Dollar is screwed, and it'll likely not get better for some time to come.

And, when commodities markets begin to swing over from the Dollar to the Euro (it'll happen, just wait and see), we here in America will have to spend more for just about everything, due to drastic increases in the prices of everything we import.

I don't have much formal economic training, but if this were to transpire, I (an admitted contrarian when it comes to investing) predict financial maladies for the United States so serious in nature that they make the great Depression look like a walk in the park.

It makes me really really scared and sad that we've fallen so far, incrementally.

 

Don't worry people, the US economy and $ employ regenerative braking.

 

One could make an argument that what is happening is to be expected when the credit card balance has been run up to $9 trillion.

 

[sigh] I agree.

Funny that I, with little formal training in economics, saw it coming for months --check my older posts-- but the "experts" somehow didn't?

I find this increasingly difficult to believe (if I ever did).

 

The problem, of course, with going for the cheaper goods is
that it dumps more money into guess where, economies that are
already at odds with ours. One guess. I've said it before.
.
_H*

 

ROTFL

 

Is the economy in a J curve, going down a little to go up a lot.

 

Actually, Pat, the US economy has already got past that J. Over the last 7 years, they headed down, picked up a little about 2 years ago, but then everyone got too greedy, spent wildly and now the floor is opening up.

Even worse, China has been gearing up to supply the US with everything they want, but if the bottom falls out of the US market, there will be no market for China, so their economy is going to fail, and then the dominoes will start to move all on their own. And, at the bottom of the list, little old Australia, with its booming economy riding on the back of all the raw material we are shipping to China, will suddenly find that we have also way overspent, and it will be bleak times here.

What we all need is some back to basic economy - investing in companies that actually make things that we can use, and leave the speculators out in the cold. Stop looking for the quick buck and make our dollars do some real work. It means a real change in corporate, and investor, culture, but I just don't think there will be enough change in time.

 

A couple months ago, I saw an article about a test run of a freight train between China and Europe. Perhaps it's too late help out immediately, but the world has been working towards an economy without the US.

 

How About Getting Out Of Iraq!! That will save a Trillion or Two!!
Than add fifty cents to the price of a gallon of gas to be used for research.
And Stop Shopping At Walmart, that will help with the trade imbalance.

 

YES, YES, and YES!

NYPrius1 for pres 2008.

 

I'd rather have the private sector come up with solutions. The government is generally incapable of any forward progress in nearly any project it tackles.

That's great, I'd love to fire up some old Zenith color TV factories in Chicago again (of course they simply don't exist anymore!), but are you prepared to spend perhaps $400 or more for a 19" CRT TV?

You just can't shut down Wal-Mart or any other importer (and nearly EVERY retailer imports) unless you simply make imports illegal. And then other countries would retaliate and refuse to import our goods.

In general, with a declining dollar, not everyone in the US is a loser. Domestic manufacturing, farming, tourism, and numerous other industries all benefit from a falling dollar. Want to see more and more jobs disappear overseas, then just increase the value of the dollar in relation to other currencies.

No personal offense, but yet again another typical PC chat simpleton answer to a complex economic issue. You should run for a political office.

Rick
#4 2006

 

There's not much domestic manufacturing left. We are fast becoming a nation of service providers (and those services are increasingly being challenged by offshoring of services). Nothing like the labor cost arbitrage that has been happening during Mr. mentally below average's tenure.

 

And that is simply because of governments and the nations desire to increase wages through minimum wage laws, increased taxes (esp. those on corporations). The equation is simple. It's all about money. Whoever can produce a product at a lower cost wins the production contracts.

Manufacturing can come back to the US if, and only if, politicians stop encumbering US based manufacturing businesses with anti-competitive wage laws and other various regulations.

But we all know that will never happen as such laws are popular with the common populace. Some very powerful and influential politicians have proposed raising the minimum wage to nearly $10/hour (why not make it $25/hr; then we can eliminate all poverty and solve our health insurance crisis in the US!).

Gee, wonder how many jobs and manufacturing that will attract for the US??

Regards,

#4 2006

 

I wonder why there is a lower wage rate overseas? Could it be because they don't have the same level of environmental or worker protections? I seem to recall somewhere that places in China have the worst level of air pollution in the world. In fact, during the Olympics, there is a plan in place to increase cloud seeding to wash away the air pollution by raining on it.... Some athletes may boycott the 2008 Olympics if air quality is not acceptable.

Nothing like an uneven playing field.

Regards,

 

The problem with your thinking, is that it really doesn't encompass the real problem, we could all work for $1 a day, and companies MIGHT come back, but would you like living in the standards that would mean? Problem two, many of those poor countries have national healthcare, an actual major reason many companies leave, healthcare in this country is too complex and too expensive. Many companies have simply moved to Canada, not exactly 3rd world, with good pay to workers, but the main reason for the move is HEALTHCARE COSTS.