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

To: Amelia Carhartt who wrote (17644)	2/14/2009 12:06:53 PM
From: Mannie	5 Recommendations Read Replies (1) \| Respond to of 71456

Reagan was on the right track with his Star Wars idea. We could have withdrawn all our troops and lived happily ever after producing our own goods and services. But, oh no, he was ridiculed for having the idea. That would never be allowed because then there could not be a World Order. we don't live in a vacuum, that is a dream. Even with an actual, functioning Star Wars System, you don't think the rise of the emerging markets wouldn't have affected the US economy? Manufacturing wouldn't have taken advantage of lower wage/costs in China, India, etc? The US cost structure became exposed as overly expensive, once we started dealing outside of our borders..but, I think there is very little we could have done about that, it is just the system reverting to equilibrium. Star Wars was just another military/industrial complex boondoggle....another grossly overpriced program that enriched the military contractors. If you think the Star Wars system would have keep our troops within our borders, I think you are seriously mistaken.

To: Amelia Carhartt who wrote (17644)	2/14/2009 12:16:50 PM
From: axial	3 Recommendations Read Replies (2) \| Respond to of 71456

Hi Ameleia - No fan of globalization; we agree. But trade is good. Star Wars was not achievable; probably we disagree. The Great Communicator I liked, but disagreed with many of his policies. Government is not "the enemy" - bad government is. Good government is the cop on the beat. It's good regulation, and good laws, and it's the only way ordinary people can protect themselves. Without good government, they have nothing: no laws, no cops on the beat, and no one to speak for them. Our fathers learned the lessons of the Depression at great cost. They made laws and regulations to oversee and control commerce. When The Great Communicator (and others) began removing the laws and regulations they went too far. Government needed slimming, not elimination. Good laws and good regulation: repealed. Now we're completely at the mercy of those who ruined our fathers. Now, we're staring into the abyss. Again. When will we learn? Respectfully, Jim

To: Amelia Carhartt who wrote (17644)	2/14/2009 12:19:30 PM
From: JBTFD	2 Recommendations Read Replies (1) \| Respond to of 71456

"We could have withdrawn all our troops and lived happily ever after producing our own goods and services" I wonder whatever gave you the idea that any of our politicians would have ever wanted to do that? BTW, it's good to see a comment from the right side of the isle that indicates an awareness of potential risk from concentration of power.

To: Amelia Carhartt who wrote (17644)	2/14/2009 1:23:06 PM
From: Real Man	Respond to of 71456

I would not put it that way, since hyperinflation is a very extreme case, but there will be significant inflation down the road.

To: Amelia Carhartt who wrote (17644)	2/14/2009 7:40:11 PM
From: Cogito Ergo Sum	1 Recommendation Read Replies (1) \| Respond to of 71456

Amelia seems to my untrained eye too much of the last 20 years of US standard of living increase (and us Canucks too) was credit based.. IOW a lie. We need to get back to buying what we can afford based on what we earn.. BUT if all the goods and services come from within your own borders seems the standard of living will need be even lower.... Unfortunately we may need a big standard of living reset (follows from all the other resets) to put things right.. The only thing I see inflating lately is gold.. which tells me it's there are a lot of folks in the scared $hitless play.. The Black Swan

To: Amelia Carhartt who wrote (17644)	2/14/2009 8:27:21 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 71456

Hm... to second that what the black swan mentioned: Is there any written order that the current world order (or wealth distribution) is to be preserved?? How about transitioning back to bicycling and farming, like the chinese do? What if the end result of the current crisis is, simply a likely painful reallocation of wealth which no amount of federal help can hold up? Like a tidal wave, sweeping all well paid jobs, funding opportunities and federal treasury refinancing at a time? ----------- And we sit here with our well endowed 5k jobs and 6, 7 figure brokerage accounts and paying stiff monthly bills... and wonder how some billion people can live off $100, or less. Hard to imagine but they do (and we clearly believe they ain´t happy. Are they?) And I just try to smell the tea: Here too, unemployment is rising and rehirings are ominously low meaning that people are much longer on the street than in previous years. What is in 5 years if in the meantime a number of industries shut down or relocate? Government is handing out unseen amounts ofunemployement benefits and, tax revenues both from individuals and corporations are at the same time decreasing...

To: Amelia Carhartt who wrote (17644)	2/14/2009 8:45:51 PM
From: RockyBalboa	1 Recommendation Read Replies (3) \| Respond to of 71456

By coincidence, here is an article dealing with the recession topic: "Decline of America, rise of the rest..." 23 years of depression. That´s too long for me! Message 25413997 "It is possible that the United States will enter a period of accelerating relative decline in the coming years, though that’s hardly a foregone conclusion—a subject I’ll return to later. What’s more certain is that the recession, particularly if it turns out to be as long and deep as many now fear, will accelerate the rise and fall of specific places within the U.S.—and reverse the fortunes of other cities and regions. By what they destroy, what they leave standing, what responses they catalyze, and what space they clear for new growth, most big economic shocks ultimately leave the economic landscape transformed. Some of these transformations occur faster and more violently than others. The period after the Great Depression saw the slow but inexorable rise of the suburbs. The economic malaise of the 1970s, on the other hand, found its embodiment in the vertiginous fall of older industrial cities of the Rust Belt, followed by an explosion of growth in the Sun Belt. The historian Scott Reynolds Nelson has noted that in some respects, today’s crisis most closely resembles the “Long Depression,” which stretched, by one definition, from 1873 to 1896. It began as a banking crisis brought on by insolvent mortgages and complex financial instruments, and quickly spread to the real economy, leading to mass unemployment that reached 25 percent in New York. "