The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (4114)	2/10/2008 4:09:25 AM
From: dybdahl	Read Replies (3) of 71455

USA tops the list of GDP/PPP per capita, so I guess it needs to become extremely bad before life is bad :-) But the different between GDP/Nominal and GDP/PPP is becoming worse, and I guess this is one of the main problems. As USAs share of the world GDP/Nominal decreases, so does USAs influence. Local companies here say, that even if USA goes into recession, it's a bad thing, but it doesn't matter a lot. To some companies it does, of course (Bang & Olufsen). Anyway, USA is the only top 10 GDP per capita country, that doesn't have abundance of oil and doesn't have a high level of tax. I wonder if you need to raise taxes in order to raise GDP/Nominal above a certain level?

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