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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (75202)	4/10/2007 11:21:57 PM
From: $Mogul	Read Replies (2) of 94695

How can we repay the debt to other countries if we have 10% of manufacturing? What will we eat and consume if we are dependent on constant imports? When the Dems get back in power you will see lots of tarrifs on Chinese imports, so much that it will discourage American business to manufacture there from a tax point of view., The US will try to regain some manufacturing power that will hopefully stimualte the economy for the next generation. conclusion: the dollar crisis will have very severe consequences for the economy, and it will take a very long time ~ 10-20 years to come out of it! Housing will collapse. The debt will have to be forgiven, or eaten away by hyperinflation, since the Fed most likely will resort to printing more dollars. Printing dollars is all they really can do. They don't have magic powers. It's a central bank Housing mkt. will suffer for about five years. Stock mkt. will reflate benefiting the "minority" savors. The US debt will be relate to the new found asset worth in dollars.

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