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


To: Real Man who wrote (4814)3/10/2008 3:27:15 PM
From: stan_hughes  Read Replies (1) | Respond to of 71445
 
That depends on whether you think it fair that Japanese and German quality in e.g. automobiles and electronics is comparable with US-manufactured goods like styrofoam cheesehead hats or a nice a set of paper knives

Save and except some defense contractors like Boeing and a few Silicon Valley shops, the US has exported its significant manufacturing base offshore in exchange for developing a service economy of personal trainers, dogwalkers and loan officers to pander to a consumer who is now broke -- and the rest of the world knows it

Repairing that damage will take years, Vi -- many, many years