Re: DOLLAR COLLAPSE NOW IMMINENT

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 you
> > > can
> > > truely depend on.
>
> > Agreed, but with one big caveat: you can _control_ this strategy more
> > 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 likes
> > 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), and
> > you can't control when/if they decide to lay you off and hire cheaper
> > 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 chance
that
> > > > wages will go up, or if prices go up they will have to pay bigger
> > > > 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_ to
> > 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****tant
> > 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 where
> > they are also ex****ting jobs to East Europe, and hiring more and more
> > 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 some
> > point in the future, all that money will come back out of the Euro and
> > 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 now.
> > 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 has
> > 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 junk
> > 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.