Re: DOLLAR COLLAPSE NOW IMMINENT

On May 16, 11:04 am, BobR <re...@[EMAIL PROTECTED]
> wrote:
> On May 16, 6:13 am, maxwel...@[EMAIL PROTECTED]
 wrote:
>
>
>
> > On May 15, 6:48 pm, BobR <re...@[EMAIL PROTECTED]
> wrote:
>
> > > On May 15, 3:26 pm, Stray Dog <straydog2...@[EMAIL PROTECTED]
> wrote:
>
> > > > On May 15, 12:34 pm, maxwel...@[EMAIL PROTECTED]
 wrote:
>
> > > > > On May 15, 12:29 pm, maxwel...@[EMAIL PROTECTED]
 wrote:
>
> > > > > > test
> > > > > > Good question. Besides all the "kitchen table debating" that
we'=
re all
> > > > > > doing here--and entertaining all of our personal favorite
ideas-=
-my
> > > > > > basic recommendation is that you need to follow the CYA
strategy=
..
>
> > > > > I am a faithful follower of the CYA strategy. It is the only one
y=
ou
> > > > > can
> > > > > truely depend on.
>
> > > > Agreed, but with one big caveat: you can _control_ this strategy
mor=
e
> > > > than others (eg. depend on the govt, depend on cor****ations) but
if
> > > > you are applying for a job, you CANNOT control the applicant to
job
> > > > ratio, you can't control how the interviewer decides whether he
like=
s
> > > > you enough to offer you the job, and you can't control how much
they=

> > > > offer to pay you (they will just tell you to take it or leave it),
a=
nd
> > > > you can't control when/if they decide to lay you off and hire
cheape=
r
> > > > help, or even call you into the office and ask you to take a pay
cut=

> > > > (I've actually known people this has happened to), and then what
do
> > > > you do?
>
> > > > Or, in other words, in the end, the Robber-barons win. tsk, tsk.
>
> > > So now lets change the view for a moment and YOU have a business and
> > > you are the employer.  Should YOU be forced to hire without the
> > > ability to determine who and without having a choice of how much to
> > > pay?  Is every employer a Robber-Baron and if so what would you do
if
> > > there were no employers?
>
> > > > > > It cuts both ways. If jobs come back to the USA there is a
chanc=
e that
> > > > > > wages will go up, or if prices go up they will have to pay
bigge=
r
> > > > > > wages to get workers.
>
> > > > > What you describe is text book theory, that is the way it should
> > > > > work, but that is if everyone competes on a level playing field.
> > > > > I am concerned that the many will want to deregulate to the
> > > > > point that the US regulations are like Mexico's. in order to
help
> > > > > the economy. People will justify children working because 3
> > > > > incomes is better than 2. The downside is an eroded standard
> > > > > of living.
>
> > > The standard of living that you desire is your choice but that
choice
> > > brings requirements.  If your standard requires a 3500sf house
instead=

> > > of a 1800sf house it might also require two incomes.  Could you live
> > > and be comfortable in the smaller house?  Probably but the reality
is
> > > that you don't want to and thus a requirement for two incomes.  Your
> > > choice.
>
> > > > Yeah, I think I follow you. Right now, the cor****ations are _free_
t=
o
> > > > do anything they like and you and I are _free_ to starve if the
Big
> > > > Boys decide that the bottom line and THEIR wallets are most
im****tan=
t
> > > > and the rest of society can go to hell.
>
> > > You want to blame it all on the cor****ations which are nothing more
> > > than people just like you who are trying to do the best they can for
> > > themselves.  Don't get me wrong, I can't defend the stupid decisions
> > > made by the CEO's and directors of many of our cor****ations but in
my
> > > 60 years I have also seen the demise of many of those same
> > > cor****ations.  They exist in a very competitive world where one
> > > mistake can end their existance.
>
> > > > > Europe seems to be doing quite well with a more valuble
> > > > > currency and higher living standards.
>
> > > > Well, there are two sides to that story, too. I've been reading
wher=
e
> > > > they are also ex****ting jobs to East Europe, and hiring more and
mor=
e
> > > > temps, too. So, if you have one of the secure, union jobs, you're
in=

> > > > "fat city." If not, then you are groveling.
>
> > > You are right, Europe seems to be doing well but they have some very
> > > significant problems of their own and in the long run they will be
up
> > > and down just like us.  The whole world is trying to adjust to a
> > > population of over 6 billion with billions of people moving into the
> > > consumption circle of an ever smaller world.
>
> > > >  I am sure the euro will
>
> > > > > fall because as you say they are being hit by the trade and
> > > > > oil as well.
>
> > > > Oh, I would make the bet that the exchange rate traders will buy
> > > > futures, etc., in whatever manner exploits the herd instinct. At
som=
e
> > > > point in the future, all that money will come back out of the Euro
a=
nd
> > > > dump into USD. I'll bet some money that, even though I'd love to
see=

> > > > the USD go farther down (so jobs come back and ex****ts go up
more), =
it
> > > > won't last long. The Europeans will get pissed by the end of this
> > > > year. Their trade deficit with China is going up faster than ours
no=
w.
> > > > That ain't gonna last long.
>
> > > You are right, like a pendulm it will swing back and forth.  In the
> > > long run, that really is a good thing but there will be short term
> > > pain associated with it.
>
> > > >  But when their economy goes down I doubt it
>
> > > > > will bottom as low as the US has gone.
>
> > > > I won't bet on this, but I've looked at enough charts of
everything
> > > > that everything being measured, sooner or later, goes up, then
down,=

> > > > then up again, and then drifts all over the page space.
>
> > > > > Like you say there is a "chance" and I believe that wages
> > > > > will go up but what 1 income bought back 40 years
> > > > > ago now takes two. What you will see if less being offered
> > > > > for the same price. Some will think the buying power is the
> > > > > same or better but they will be paying for lower quality,
> > > > > cheap junk like that from China.
>
> > > > Well, there are a lot of things going on, not all good. The cheap
> > > > electronics junk is nice but there are a lot of caveats there and
I
> > > > hate to think that to have all that cheap junk means that the USA
ha=
s
> > > > to give up one percent of its jobs every year. Just think, in ten,
> > > > twenty years, that means 10-20% of all jobs, and also mostly the
> > > > nicer, higher paying ones, too.
>
> > > > So, how are the people that are laid off going to buy that cheap
jun=
k
> > > > if they are broke and unemployed?
>
> > > Got laid off 5 years ago as a result of the huge movement of IT jobs
> > > offshore and the cutbacks following Y2K.  Whined about it for a
while
> > > but realized that is was a total waste of time and found a new
field.
> > > Took an initial cut in income but it has been short term and I have
> > > recovered.  Oh yes, I am not some twenty-something grad from Harvard
> > > but a non-degreed 61 year old fart.
>
> > Well I could have guessed you don't have formal education because it
> > is obvious in your arguments.- Hide quoted text -
>
> > - Show quoted text -
>
> It is also obvious from your arguments that you are yet another
> formally educated elitist who looks down your brown nose at everyone
> else.

Hey guys, lets get back to substance instead of back-biting.

> No, I don=92t have a =93degree=94 but don=92t confuse the absence of a
> degree with a lack of education or worse the lack of ability.  I have
> had a lot of you elitist =93Formal Educated=94 and degreed morons work
for=

> me over the last 40 years.

And, there are a lot of non-formal-educated guys who are blind and
clueless, too.

 Most of them have spent far more time out
> of work and looking for jobs than I have during that time too.  A lot
> of them are just like you, they whine and cry about their jobs going
> offshore and like you they either think they are too good to retrain
> or that they shouldn=92t have to.

I think if we take a thousand guys with their bare hands and put them
up against one guy with a mini-gun (gatling variety, 50 rounds per
second), I'll bet that the guy with the mini-gun wins. In today's
world, the many underlings are up against a few CEOs and the CEOs sign
the checks and what do the underlings have? Bricks and stones?