Why is the US dollar in freefall and the US government keeps spending like NO TOMORROW.

Originally posted by sturod84
and when the increase in technological output is equivicle to the standard economic structure on the global basis,

But what does that mean? I am reticent to cause a reference back to this, but you have to keep in mind that the entire global economy is imbalanced...by the very nature of it. And it is a reality that is preferred at this point, in my opinion. Keep in mind economic bases such as Africa and the Middle East......even South America. They have a play, but mostly obligatory due to communications inclusion....as evidenced by the quality of life most of their populations endure.....

With that in mind....a global security almost seems like a logical step...

Current US fiscal policy:

1. The encouragement of massive immigration of cheap labour and off-shoring of jobs.
2. Tax cuts for the rich.
2. Vast sums of public money funded into the military-industrial complex.

All effectively make the rich richer and the not rich poorer. We're going back to the 1920's. If you havn't, I suggest you read the Great Gatsby.

The rights founded by post-war egalitarian democracies are being rolled-back. It started with Reagan and Thatcher. Keep the pesants down!

But Bush and Blair have carried it to the extreme. Why are they hell-bent on ruining their own countries? Is it design or incompetence? Why did we invade Iraq? Answer that and you have the reason the dollar is in free-fall.

[edit on 29-10-2005 by rizla]

Long-term economic calibrating. Suffer now prosper soon thereafter. Predict markets and establish superior positions. Always on top then.

Well, I looked at Dec and March charts and to me it looks like the bottom came a few weeks ago and now it is in a trading range. might trade 'tween 88 and 90.

On the historical charts for the past two years that is where it has been trading.

I don't see a free fall. When you are looking at the "hard right edge" it can get scary.

Roper

has a view of the coming DISASTER
globalfire.tv...

So wheres the good news again?