Home › Forums › Financial Markets/Economics › “Fears of dollar collapse as Saudis take fright”
- This topic has 62 replies, 21 voices, and was last updated 17 years ago by fuggy.
-
AuthorPosts
-
November 23, 2007 at 9:50 AM #103096November 23, 2007 at 9:50 AM #103014bsrsharmaParticipant
Japanese Shift Cash Out of U.S. Investments
TOKYO, Nov. 22 — Many in Japan are starting to speak of “quitting America,” but they are not talking about a rise in anti-American political fervor. Rather, they mean a move away from American investments that is altering global capital flows and helping to weaken the dollar.
The move is seen in decisions of individual investors like Daijo Okudaira, a 66-year-old clerk at a Tokyo consulting company. Like many Japanese, Mr. Okudaira had long limited his overseas investments to the relative safety of securities from developed countries, particularly the United States.
Starting late last year, however, Mr. Okudaira made drastic changes to his portfolio, putting $50,000 into mutual funds focusing on stocks in China and other emerging economies. He said he had been drawn to these countries because they seemed to hold much brighter growth prospects than the United States.
“People say the engine of the global economy is shifting from the United States to emerging countries,” Mr. Okudaira said. “Emerging countries have growth and energy that America and Europe lack. They remind me of Japan 40 years ago.”………..
November 23, 2007 at 9:50 AM #103108bsrsharmaParticipantJapanese Shift Cash Out of U.S. Investments
TOKYO, Nov. 22 — Many in Japan are starting to speak of “quitting America,” but they are not talking about a rise in anti-American political fervor. Rather, they mean a move away from American investments that is altering global capital flows and helping to weaken the dollar.
The move is seen in decisions of individual investors like Daijo Okudaira, a 66-year-old clerk at a Tokyo consulting company. Like many Japanese, Mr. Okudaira had long limited his overseas investments to the relative safety of securities from developed countries, particularly the United States.
Starting late last year, however, Mr. Okudaira made drastic changes to his portfolio, putting $50,000 into mutual funds focusing on stocks in China and other emerging economies. He said he had been drawn to these countries because they seemed to hold much brighter growth prospects than the United States.
“People say the engine of the global economy is shifting from the United States to emerging countries,” Mr. Okudaira said. “Emerging countries have growth and energy that America and Europe lack. They remind me of Japan 40 years ago.”………..
November 26, 2007 at 2:10 AM #103640bob007Participanti expect price controls to hit medical and education costs. you could institute rent controls to hit housing in high priced coastal areas
November 26, 2007 at 2:10 AM #103661bob007Participanti expect price controls to hit medical and education costs. you could institute rent controls to hit housing in high priced coastal areas
November 26, 2007 at 2:10 AM #103611bob007Participanti expect price controls to hit medical and education costs. you could institute rent controls to hit housing in high priced coastal areas
November 26, 2007 at 2:10 AM #103597bob007Participanti expect price controls to hit medical and education costs. you could institute rent controls to hit housing in high priced coastal areas
November 26, 2007 at 2:10 AM #103515bob007Participanti expect price controls to hit medical and education costs. you could institute rent controls to hit housing in high priced coastal areas
November 26, 2007 at 5:57 AM #1036064plexownerParticipantThere has NEVER been a price control that worked – read your economic history
Attempts to regulate the free markets always make matters worse
November 26, 2007 at 5:57 AM #1036214plexownerParticipantThere has NEVER been a price control that worked – read your economic history
Attempts to regulate the free markets always make matters worse
November 26, 2007 at 5:57 AM #1035254plexownerParticipantThere has NEVER been a price control that worked – read your economic history
Attempts to regulate the free markets always make matters worse
November 26, 2007 at 5:57 AM #1036504plexownerParticipantThere has NEVER been a price control that worked – read your economic history
Attempts to regulate the free markets always make matters worse
November 26, 2007 at 5:57 AM #1036714plexownerParticipantThere has NEVER been a price control that worked – read your economic history
Attempts to regulate the free markets always make matters worse
November 26, 2007 at 4:07 PM #103733fuggyParticipantWow, if you can earn some Euros, you can earn an extra 50% on your money tax free (if spent in the US). I just bought Babolat shoes in Germany and they cost 100 Euros there and 100 dollars here.
fuggy
November 26, 2007 at 4:07 PM #103815fuggyParticipantWow, if you can earn some Euros, you can earn an extra 50% on your money tax free (if spent in the US). I just bought Babolat shoes in Germany and they cost 100 Euros there and 100 dollars here.
fuggy
-
AuthorPosts
- You must be logged in to reply to this topic.