The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Gary Mohilner who wrote (9237)	6/25/2008 5:05:52 AM
From: Real Man	Read Replies (1) of 71406

It is painful to see US manufacturers cutting jobs and going out of business because of incompetent Fed that is compounding the problem instead of contributing to the solution!!! These companies, not the banks, have to be cherished and saved by the government. They are given the hard times instead. Guess what? As they go out of business, US of A will shed its manufacturing capacity further, and that will contribute to soaring current account deficit despite already ongoing recession, and a sharply lower USD down the road. What happens if the big three Detroit companies go under? That will mean Americans will have to buy ALL their cars abroad. What about other manufacturers that are going under because of these "policies"? Gonna be worse than Argentina.

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