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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (7983)6/2/2008 5:53:52 AM
From: dybdahl  Read Replies (2) of 71475
 
A buck in China can buy more than a buck in USA. When I look at Ukraine, which has similar GDP/inh as China, their wages can buy a lot. Income may be more evenly distributed in Ukraine than in China, but I think that also applies to education, infrastructure and skills.

Why do you think standard of living in Europe will drop? We love to export to China, and east Europe is a growth machine.
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