As the dollar tanks: your predictions…

[mydogsarelazy]

So, if the dollar continues to decline through 2008, how will the economy be impacted?

If it declines another 10% versus the Euro? What then?

Another 20%?

50%?

More?

Your predictions please. How will Joe and Jane consumer feel the effects?

JS

[Coronita]

My 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 )

 

 

[Coronita]

My 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 )

 

 

[Coronita]

My 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 )

 

 

[Coronita]

My 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 )

 

 

[Coronita]

My 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 )

 

 

[4plexowner]

George 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 …”

[4plexowner]

George 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 …”

[4plexowner]

George 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 …”

[4plexowner]

George 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 …”

[4plexowner]

George 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 …”

[cr]

“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.

[cr]

“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.

[cr]

“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.

[cr]

“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.

[Author]

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