Home › Forums › Financial Markets/Economics › As the dollar tanks: your predictions…
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LA_Renter.
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November 16, 2007 at 7:11 AM #10919November 16, 2007 at 7:34 AM #100032
CoronitaParticipantMy opinion…
Import goods will be considerably more expensive. Short term, consumers will feel the pinch…Abroad, U.S. companies will benefit from the weak u.s. dollar, as goods/services are relatively cheaper. Middle term, this might spawn off more production of goods and services in the U.S., bringing back jobs and opportunities to the U.S.
Buy your BMW's, Audi's, Mercedes, and Porsches, while you can….Otherwise settle for what's produced here in the States.
(Although ironically BMW has a plant in North Carolina and Audi probably will be using the factories in Shanghai more )
November 16, 2007 at 7:34 AM #100110CoronitaParticipantMy opinion…
Import goods will be considerably more expensive. Short term, consumers will feel the pinch…Abroad, U.S. companies will benefit from the weak u.s. dollar, as goods/services are relatively cheaper. Middle term, this might spawn off more production of goods and services in the U.S., bringing back jobs and opportunities to the U.S.
Buy your BMW's, Audi's, Mercedes, and Porsches, while you can….Otherwise settle for what's produced here in the States.
(Although ironically BMW has a plant in North Carolina and Audi probably will be using the factories in Shanghai more )
November 16, 2007 at 7:34 AM #100128CoronitaParticipantMy opinion…
Import goods will be considerably more expensive. Short term, consumers will feel the pinch…Abroad, U.S. companies will benefit from the weak u.s. dollar, as goods/services are relatively cheaper. Middle term, this might spawn off more production of goods and services in the U.S., bringing back jobs and opportunities to the U.S.
Buy your BMW's, Audi's, Mercedes, and Porsches, while you can….Otherwise settle for what's produced here in the States.
(Although ironically BMW has a plant in North Carolina and Audi probably will be using the factories in Shanghai more )
November 16, 2007 at 7:34 AM #100141CoronitaParticipantMy opinion…
Import goods will be considerably more expensive. Short term, consumers will feel the pinch…Abroad, U.S. companies will benefit from the weak u.s. dollar, as goods/services are relatively cheaper. Middle term, this might spawn off more production of goods and services in the U.S., bringing back jobs and opportunities to the U.S.
Buy your BMW's, Audi's, Mercedes, and Porsches, while you can….Otherwise settle for what's produced here in the States.
(Although ironically BMW has a plant in North Carolina and Audi probably will be using the factories in Shanghai more )
November 16, 2007 at 7:34 AM #100144CoronitaParticipantMy opinion…
Import goods will be considerably more expensive. Short term, consumers will feel the pinch…Abroad, U.S. companies will benefit from the weak u.s. dollar, as goods/services are relatively cheaper. Middle term, this might spawn off more production of goods and services in the U.S., bringing back jobs and opportunities to the U.S.
Buy your BMW's, Audi's, Mercedes, and Porsches, while you can….Otherwise settle for what's produced here in the States.
(Although ironically BMW has a plant in North Carolina and Audi probably will be using the factories in Shanghai more )
November 16, 2007 at 9:02 AM #1000924plexowner
ParticipantGeorge Ure (www.urbansurvival.com – excellent daily read – published 6 AM local time) recently quipped that European sports cars might appreciate significantly over the next few years
I wonder if the wife will believe it, “Honey, this BMW Z8 is actually an INVESTMENT …”
November 16, 2007 at 9:02 AM #100170ParticipantGeorge Ure (www.urbansurvival.com – excellent daily read – published 6 AM local time) recently quipped that European sports cars might appreciate significantly over the next few years
I wonder if the wife will believe it, “Honey, this BMW Z8 is actually an INVESTMENT …”
November 16, 2007 at 9:02 AM #100189ParticipantGeorge Ure (www.urbansurvival.com – excellent daily read – published 6 AM local time) recently quipped that European sports cars might appreciate significantly over the next few years
I wonder if the wife will believe it, “Honey, this BMW Z8 is actually an INVESTMENT …”
November 16, 2007 at 9:02 AM #100200ParticipantGeorge Ure (www.urbansurvival.com – excellent daily read – published 6 AM local time) recently quipped that European sports cars might appreciate significantly over the next few years
I wonder if the wife will believe it, “Honey, this BMW Z8 is actually an INVESTMENT …”
November 16, 2007 at 9:02 AM #100203ParticipantGeorge Ure (www.urbansurvival.com – excellent daily read – published 6 AM local time) recently quipped that European sports cars might appreciate significantly over the next few years
I wonder if the wife will believe it, “Honey, this BMW Z8 is actually an INVESTMENT …”
November 16, 2007 at 10:24 AM #100235cr
Participant“European sports cars might appreciate significantly over the next few years.”
I was thinking about that when I saw this mornings LA Times article on the LA Car Show debuting the Lamborghini Reventón. At $1.46 Million US or $1 Million Euro, it could cost $2MM a year from now.
November 16, 2007 at 10:24 AM #100238Participant“European sports cars might appreciate significantly over the next few years.”
I was thinking about that when I saw this mornings LA Times article on the LA Car Show debuting the Lamborghini Reventón. At $1.46 Million US or $1 Million Euro, it could cost $2MM a year from now.
November 16, 2007 at 10:24 AM #100224Participant“European sports cars might appreciate significantly over the next few years.”
I was thinking about that when I saw this mornings LA Times article on the LA Car Show debuting the Lamborghini Reventón. At $1.46 Million US or $1 Million Euro, it could cost $2MM a year from now.
November 16, 2007 at 10:24 AM #100206Participant“European sports cars might appreciate significantly over the next few years.”
I was thinking about that when I saw this mornings LA Times article on the LA Car Show debuting the Lamborghini Reventón. At $1.46 Million US or $1 Million Euro, it could cost $2MM a year from now.
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