In other words, they're just getting started.
The dollar death spiral is firmly underway...
Thank you REIC!
September 26, 2007
One week into a historic dollar implosion, not one peep from this administration about protecting the dollar and reassuring foreign reserve holders
Posted by
blogger
at
9/26/2007
15
comments
Labels: china reserves, dollar collape, exchange rate, trade deficit, trade imbalance, us bankruptcy
September 24, 2007
Good article on why you need to be invested in foreign stocks as the US dollar collapses
I'll call this highlight from the Motley Fool article the donut example. Pretty easy to understand. If you haven't moved your holdings out of US$, better hurry. It's getting ugly and it's only gonna get worse (thank you Ben Bernanke you fu*king traitor idiot)
For example, U.S.-based investors in Canadian doughnut slinger Tim Hortons (NYSE: THI) have profited mightily over the past year as the greenback swooned against the loonie. And guess what? With U.S. interest rates declining, chances are that the dollar will continue to be weak.
The difference is dramatic: U.S. shareholders have seen Tim Hortons rise from US$25.15 to its current price of US$34.14. Canadian investors have seen the price go from CAD$28.00 to CAD$34.59.
In Canada, Tim Hortons shareholders have gained 24%. For U.S-based investors it was 36%. The difference? The dollar's slide.
Now, I'm not saying that the dollar will continue to go down. What I am saying is that investors who diversify away from their home currency do themselves a huge favor by looking overseas for investments. I'm also saying that a lower interest rate environment in the United States suggests that the trend isn't changing.
Posted by
blogger
at
9/24/2007
14
comments
Labels: bernanke is a traitor, fed panic, stupid fed policy, trade imbalance, us dollar collapse, yum donuts
March 07, 2007
Wal-Mart puts you in one of three buckets. HP adds a fourth.
Here are the three groups into which the evil Wal-Mart has segmented its customer base:
1) Brand Aspirationals (people with low incomes who are obsessed with names like KitchenAid),
2) Price-Sensitive Affluents (wealthier shoppers who love deals)
3) Value-Price Shoppers (who like low prices and cannot afford much more)
And of course, HP would add a fourth segment:
4) Anti-American Self-Obsessed Over-Consuming Credit-Card & Housing-ATM Addicts (people who don't care that their friends and neighbors are losing their jobs, the trade imbalance is devastating America, or that neighborhoods are being sterilized, as long as they can use their credit line to buy Chinese crap at low prices)
Posted by
blogger
at
3/07/2007
37
comments
Labels: housing bubble, interest rates, self-obsessed, trade imbalance, wal-mart evil