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

To: dybdahl who wrote (6352)	4/19/2008 4:57:47 PM
From: ggersh	Read Replies (1) \| Respond to of 71475

"No matter how you do it, it means exporting more and importing less." Ok, what would be so bad with this... "USA has had a huge party the last couple of years, consuming a lot without paying for it. Other countries want the money at some point." I agree.. "So, what you're basically saying, is that USA should be able to pay less for imported products than world market prices, and export at world market prices or more." How did I get to that conclusion? Never said anything about prices...all I said was FAIR TRADE... "I'm quite sure that the standards of living for ordinary americans would drop very, very fast if USA starts to violate WTO rules significantly" Seems to be heading that way already... The thing that will get USA "out of here" is work more, consume less. More taxes is part of this. OK.....