SI
SI
discoversearch

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 : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: carranza2 who wrote (73705)5/27/2010 2:45:29 PM
From: Haim R. Branisteanu3 Recommendations  Read Replies (1) of 74559
 
C2 speaking of jobs lost - the White House engineered the rise of the USD so that his administration can sell more junk paper - this rise will hurt the generation of work places much more than the BP disaster.

Only with the EU the trade deficit will be around 30 billion more than last year. For each 1 billion you loose 10,000 jobs so only v EU imports the economy will shed 300,000 jobs now what about Japan and Far East excluding China?

My take is that this rise of the USD will fail or shed around 1 to 2 million jobs - this IS something to get hysterical about
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext