The coming US dollar crisis Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ggersh who wrote (19675)	4/15/2009 6:12:12 AM
From: RockyBalboa	1 Recommendation Read Replies (1) of 71427

There is a new angle in the delicate relationship between the US and Asia including Japan; I am no expert in the car industry - perhaps the local car czar has a better idea - but since U.S. car makers are now a federal affair: -GM has a political angle. The asians can tell the administration: Reduce your excess automotive capacity and we buy some more treasuries from you. If not then, look out and find new buyers for your paper. -So the US government faces a serious challenge; save Detroit and not only risk a few billions there but much more in funding committments from asia. A herodes premium paid to ex-GM workers and lenders is easily affordable if financed by the asians, as they look for after Toyota and their other own automakers. Normally, I would think, the half of the US carmaking capacity is annihilated in the process. (What worked well in other manufacturing and industrial sectors could apply to the car industry as well). More dollars would flow to Japan and China, and in the case of Japan, make the Yen worth more - to stay on topic.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next