SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dybdahl who wrote (4360)2/17/2008 7:00:47 AM
From: Real Man  Read Replies (1) of 71456
 
No, not exactly, because purchasing power of gold has
increased. I guess you could plot USD in terms of CRB
commodity index, and that too would reflect rapidly declining
purchasing power. A little bit of study on manufacturing in
other developed countries reveals that employment in
manufacturing in all developed countries has been dropping at
a similar rate, including Japan.

While the employment drop was substantial, we should
not worry too much,
as the output stayed the same, and US is still the largest
manufacturer in the World. This drop is in part explained
by increased productivity and the use of technology (robots).
However, the current account
imbalance is what is ultimately causing the dollar slump.

1) Bubbles accelerating demand, both in United States, UK,
and some other industrialized countries. Thus, now we will
finally see a drop. That would be due to housing bubble pop.

2) Asian and Russian currency crisis of 1997-1998 played a
major role. Global wage arbitrage.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News