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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: John Vosilla who wrote (67810)12/1/2006 11:48:11 AM
From: GSTRead Replies (2) of 306849
 
"if the dollar falls another 50%+ in coming years it would seem whatever you do that is denominated in dollar you'll be swimming upstream to keep up. Can a plunge of that magnitude happen here?"

It most certainly can happen -- look at the change vis a vis the Canadian dollar and others over the last five years.

I would never want to pretend to have the answer to the question where to invest outside the US -- I will not go much further than to point out the obvious - and what is obvious is that the US is increasingly little more than one part of a much larger global economy. We are far too accustomed to thinking of the US as the main element of the global economy. This is the challenge -- to change our way of seeing the world and out place in it. Failure to make this change explains much of what is going wrong in the US, including our misguided invasion of Iraq.
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