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


To: Real Man who wrote (4329)2/16/2008 9:18:07 AM
From: dybdahl  Read Replies (1) | Respond to of 71456
 
A Levi's shirt is $100 here and normal price for Coca Cola in a supermarket is $2.20 per liter. At this price, Coca Cola manages to dominate the cola market (> 40% market share), even though you can easily buy cola from other brands at $1 per liter or less.

Most of the product's value is Intellectual Property, and if you want to see what kind of products that USA will start to export, start looking at the Apple iPhone. It wasn't invented by Samsung in Korea, but by Apple in USA, and that's not a coincidence.

If you ever forget the difference between the nice looks of modern cities in asia and east europe, and what western countries are about, have a look here:

englishrussia.com

My experience is, that these pictures are not extraordinary. I believe most brand-new buildings in many countries are constructed with the same eagerness for high quality construction. One of my friends in east Euro lives in an appartment, where the brand new parking garage is full of water when it rains, so he needs to read the weather forecast before parking. And did I mention the office on the 18th floor, that didn't have a toilet for months, and the elevators didn't work either? The office employees got a lot of exercise, because they had to use the toilet in a building 500 meters away, horizontally. Their commodities are not better. I could make a huge list of all the good things that come from countries, to which USA has "moved manufacturing".



To: Real Man who wrote (4329)2/16/2008 9:20:19 AM
From: 10K a day  Respond to of 71456
 
> It
is really up to the Fed - the bubble economy must be destroyed.
Inflationary easy money policies fuel it.
<<

It's really all they know. The money supply must double every 15 years. It's inherent to the system. The interest on the [new] money creation allows the whole game to continue.