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


To: Real Man who wrote (4802)3/10/2008 2:51:03 PM
From: ggersh  Read Replies (1) | Respond to of 71407
 
No I havent, anything good?



To: Real Man who wrote (4802)3/10/2008 3:02:52 PM
From: stan_hughes  Read Replies (2) | Respond to of 71407
 
Unfortunately manufacturing isn't coming back to the US until wages get down to $5/day in today's dollars to make them competitive with all the alternative possibilities, and that'll be a long time in coming -- decisions to transplant production from one nation to another aren't going to be made willy-nilly based on a few percentage point moves in the USD -- the jobs that were lost will be gone for years, maybe forever

I'm not smiling when I say these things either, but harsh times are coming