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

To: energyplay who wrote (49645)	5/5/2009 5:48:57 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 218008

interesting. reminds me of the germans back when the DM was 4 to 1 usd. or was it the other way around. no matter. they did it in one stroke. late 70's time period i think.

To: energyplay who wrote (49645)	5/5/2009 6:29:41 PM
From: SG	Respond to of 218008

That is a pretty low probability; I think others would put it considerably higher. You wake up one morning and the $100k. savings account is now $50k. SG

To: energyplay who wrote (49645)	5/5/2009 7:12:19 PM
From: KyrosL	Read Replies (1) \| Respond to of 218008

>>One viewpoint is that isolating yourself from the world is a catastrophe<< I was talking about isolation in a world gone haywire. However, even in a sane world, free trade may not be such a great bargain for the USA. And, judging by the offshore tax just proposed, Obama thinks similarly. The more self-sufficient a country is in terms of physical and human resources, the less harmful trade isolation becomes. A population of half a billion and in a continental land mass is plenty self sufficient, especially if the continent is NA, with its abundance of natural resources. Free trade does not provide such great benefits for the USA, in a world full of countries that practice hidden or not so hidden mercantilistic policies. As to the 40% dependence on foreign oil, it can easily be eliminated, if we sacrifice a bit, certainly less than we did during WWII. Here is a simple example: make car pooling mandatory for those than can car pool, and you can cut an awful lot of gasoline consumption. And if circumstances become dire enough to go isolationist, not many will object to $5/gallon gasoline tax. Finally, don't forget the natural gas. I think USA trade isolationism is a far more likely outcome than the demise of the US dollar as a global currency, and dollar hyper inflation.

To: energyplay who wrote (49645)	5/6/2009 1:41:10 AM
From: elmatador	Read Replies (1) \| Respond to of 218008

Cutting USD value 15-50% could happen within the next 18 months, with near zero warning. This kind of thing can be done only within the New Economic World Order round table called the G-20. Because it means inflation will skyrocket. USD is the currency used to price lots of stuff that will inflated by 15-50% China and OPEC will have its reserves shaved off. All other currencies will be revalued immediately vis a vis USD. US goods will take a big share of the world market, while the Europeans will become uncompetitive. Euroland will balk at that. Not likely to happen, but again, unless the G-20 will agree to some form of execution of that devaluation. The US companies will become cheap and foreign investors will come buying them up. The US will become an export juggernaut Needs visa policies changed since Kids will flock to US schools and rich people will flock to buy houses