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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: dybdahl who wrote (2918)	12/11/2007 7:39:31 AM
From: Real Man	Read Replies (2) \| Respond to of 71463

Yes, and I've been watching some telecom companies for a potential investment. Those that are using dial-up (AOL?) will be dead unless they change. On the other hand, fiberoptics companies will pave the way into the future (baby bells? Verizon?) Verizon is not too bad valuation-wise, compared to other DOW components, but the whole DOW is still pretty bad -g- I believe US manufacturing sector has experienced a full-scale depression in the last 2 decades or longer. A dramatic manufacturing growth will also be necessary to get us out of perpetual current account deficit situation. However, this does require a policy shift, something I am not seeing at all. What I am seeing is more of the same - lies about inflation, bailouts, etc. This benefits financial sector and continues the destruction of the real economy. Unfortunately, a currency crisis could be the necessary condition for the policy shift in the US, and I will keep defensive investments for now.