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

To: energyplay who wrote (49659)	5/6/2009 2:40:12 AM
From: elmatador	Respond to of 218030

Indeed, it will take care fo Item nr.3)China and OPEC will have its reserves shaved off. But we are talking about the world reserve currency being shaved off by 15-50% But quite a few others need consultation. Imagine Canada's 80% exports to the US increasing by 15-50% from one day to another. Mexico also falls in this category of problem. 1)Because it means inflation will skyrocket. 2)USD is the currency used to price lots of stuff that will inflated by 15-50% 3)China and OPEC will have its reserves shaved off. 4)All other currencies will be revalued immediately vis a vis USD. 5)US goods will take a big share of the world market, while the Europeans will become uncompetitive. Euroland will balk at that. $to some form of execution of that devaluation. 7)The US companies will become cheap and foreign investors will come buying them up. 8)The US will become an export juggernaut 9)Needs visa policies changed since Kids will flock to US schools and rich people will flock to buy houses