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Strategies & Market Trends : The coming US dollar crisis

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To: Giordano Bruno who wrote (8080)6/2/2008 3:43:49 AM
From: elmatador  Read Replies (1) of 71415
 
USD drop and potential rebound. As the ballast in the US economy is removed, the USD can bounce back.

Misguided policies of the mast 20 years need to be rolled back.

All the costs imposed on the US economy for 1990 Clean Air Act and all the Green stuff that forces politicians to agree to those popular pressures will vanish.

Once people get hurt where it causes pain, they will do the pressure on politicians to agree and enact misguided economic policies.

Right now the UK is under tremendous pressure to drop Green taxes that is hurting the economy. Give one or two elections where the incumbent gets a lesson on the polls, the tide will turn.

The good thing for America is that free of this ballast the economy will reap benefits of efficiency and less costs.

Sources of pain to force people to come back to their senses abound:

Think the Economy Is Bad? Wait Till the States Cut Back

nytimes.com.
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