Comments on: With a recession looming, "Rest of World" becomes critical
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2/ A low dollar, should be a reason to spur investment from abroad in to the US. Money flowing in the other direction, doesn't make any economic sense.
Then again... I'm no Stanford MBA, so wth do I know? ;-)
We've become nothing more than a services country.
And it's going to be far deeper that a recession. Our standard of living is going down the tube and were headed for disaster. All the while the companies we put our heart and soul into care about nothing but the almighty YEN/Euro...notice I left out the dollar since it's almost worthless now.
- by Draq Wraith March 13, 2008 11:20 AM PDT
- Hum what is the criteria for this to turn into a pandemic economic depression?
- Like this Reply to this comment
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(3 Comments)Rumor is we are a bread basket for the world. well our wheat is going through the roof for prices, the worlds oil supplies are over priced, Gold over valued, property over priced and over taxed in the US.
My bets are 9 USD for a loaf of Bread, 5 USD a gallon gas, Electricity boost in price to something unreal.
You see last summer we had a mega drought in the USA, this time around it is not looking better for water sources. So lets see what happens to the price of one gallon of potable water in drought regions through out the world.
D~W