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

To: zamboz who wrote (50108)	2/25/2013 3:29:01 PM
From: robert b furman	Read Replies (2) \| Respond to of 71475

It is not so bad. We're selling emerging hi tech equipment - to the degree that theyEmerging countries) have any disposable currency to invest. In between we're exporting refined petroleum products based on a globally price cartel boosted margin. We are blessed with hydro carbons more than any one - even after crooked politicians have been paid to make most of them out of bounds for development. Then we sell them our surplus food that our bountiful lands coupled with efficient tractors and genetically enhanced seeds continuously out produce more than we need ( at prices we control at the CME). Our food costs, as a percent of income is the lowest in the world. We are so tremendously productive that our politicians waste the rewards supporting and continuing non productive lifestyles with entitlements that yield them support from constituencies that prefer to never leave the safty net of the crumbs, politicans share after giving themselves lifestyles well beyond the productive people's lifestyles. And there is the rub. Those riding on the wagon are living better than those pulling the wagon. Yet even with this waste, our government has a gentle hand vs a dictitorial hand on the masses. Instead only corrupt politicians fight for the trapped masses that are easily swayed to never taste success. The reverends preach to be gentle and appreciative - yet it is the land of opportunity to all. Just some of us chase it harder than others - and that get us as close to the land of the free than any other society has ever achieved. Not a bad track record and certainly not worthy of much of the harsh criticism doled out here - although at many times my frustration with what it could be vs is be, often agrees with the remarks made here. JMHO Bob