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

To: elmatador who wrote (34911)	5/19/2008 4:10:43 PM
From: Lazarus_Long	Respond to of 217752

The truth of that is depressing. When the US won the first Gulf War so easily, I thought "Yeah, and now comes Imperial Hubris." It took over 10 years, but it got here. Some of the BRIC - China in particular - could be to some extent a bubble. Not entirely, but to some extent. Brazil, with its switch to ethanol power, made a brilliant move that the US political system would not allow. Too much money flowing into political parties from vested interests. In the last 3 decades - the majority of my lifetime - the US has dissipated wealth built up over 2 centuries. Not entirely yet, but the writing appears to be on the wall. Japan and Germany beat the H*** out of Detroit in the '70s and '80s with their smaller, cheaper cars. Detroit took forever to get the message. And they appear to be doing it again with the question of energy source. Earlier this year, I put some money into a basket of 4 foreign currencies - just the currencies, no investments. I made 40% in US$ terms in 3 months. Yet THAT is simply an indication of the sickness of the US$.