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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (31135)	3/17/2008 4:00:03 PM
From: Maurice Winn	Respond to of 217620

Quite right ElM. It's always a pleasure on the rare instances we agree. I doubt that J6P who ATMed their house a year ago and over the last few years to fly to Italy, Greece, Paris and Hawaii to buy Starbucks coffee at $5 a throw will be doing so now that their house is being foreclosed, or has been. Those who can afford it, won't be making MORE trips, now that the exchange rate is giving them sticker shock. They too will be cutting back. But foreign tourists who have made heaps, such as Chinese, Japanese and others whose exchange rate is now way up compared with the US$ will now be considering a trip to Disneyland and maybe they will buy a holiday home in the sunny climes of California or Florida. Actual exports from the USA will boom too as Made in Germany and Made in Japan doesn't look quite as cheap as Made in USA. Aspiring Lexus SUV owning Americans will perhaps consider a Ford Escort instead, or at most a Toyota Corolla, Made in USA. Oil consumption will go down as the dirty great Yank Tank SUV Hummers are parked or scrapped and the benefits of a bicycle are discovered for local travel and the Corolla is used for less frequent trips further afield. Mqurice