Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Haim R. Branisteanu who wrote (89159)	10/25/2008 1:11:12 PM
From: jmiller099	Read Replies (1) of 116555

If that comes to pass it is a most frightening development for me, a resident who is employed by a local business. I guess the bright spot is most of our business is exports. However, towards any accord like mentioned in that article, I can't see anything in the long term to reverse the fate of dollar devaluing you've hit upon. With our main exports being dollars, some technology, and food combined with insufficient infrastructure to do more than feed our own we get put in a bad spot. I mean, much of our dot com tech companies are not high tech (I am excluding tech hardware from this statement) and have been easily replicated by local overseas shops. These include the google, ebay, and amazon type of companies. The result of that accord if it comes to pass seems to be periods of inflation of varying degrees rather than deflation. I guess that means investments in agriculture, exporting companies, and commodities.

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