SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (10035)8/8/2008 4:05:54 PM
From: LTK007  Respond to of 71455
 
<<Then... I live in Europe. I just holiday´d in southern France and the tourism and other business is bustling... no signs of weaknesses.>>Nice! Where i live (Eggemoggin Reach google points to where live--there is only ONE Eggemoggin Reach:) is a vacation center from Memorial Day to all the way into October and i can tell you those that make their money on the tourist trade are IN pain --worst summer in anyone's memory.
Lobstermen are getting killed as price of Lobster has cratered for lack of demand, this a MAJOR ECONOMIC INDICATOR, as Lobstermen have been making 6 figure income for some years now.
What happened?? Maine Lobster(New England Lobster) is viewed as a luxury food.
That the demand has dived we know people are feeling financial pain.
Lobster hit 5 dollars a pound last i noted, for lobstermen, this is death given their boats(which new, now cost about 500k) run on Diesel Fuel.

Thing about america, people don't realize how HUGE it is.
The WS world has ZERO reality base with the rest this country, but they rule this country.
July 14th a memorable date, no?(VBG:) Later, max