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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: David Jones who wrote (16620)	2/3/2004 9:14:03 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 306849

I'm sure you're correct that many citizens of Indian or China are looking for their next meal. However my impression has been that many of the educated workers employed by American firms live in a manner which is more luxurious than comparable Americans. I don't know what percentage of the workforce this is, frankly I don't know many factory workers. Due to the relative cost structure the equivalent of $20,000 per year provides amazing prosperity. In most countries an item like a BMW costs less than half of what it does here. This is why I'm confident the U.S. Dollar will continue to decline in value over the foreseeable future.