The Rise of the Rest – Newsweek

[bsrsharma]

Gas prices increase when measured in dollars. If you measure in euros, pounds, swiss francs, yen, etc… they haven't

Oil was below $40 per bbl in 2003; $120 in 2008

Euro was between USD 1.1 to 1.2 in 2003; $1.6 in 2008

Obviously, US $ depreciation is only part of the story.

More interestingly, I think, at least part of $ devaluation is DUE to increase in trade deficits due to rise in oil prices. These two have been mutually reinforcing each other's instability – leading to a vicious cycle.

[blahblahblah]

Euro was between USD 1.1 to 1.2 in 2003; $1.6 in 2008
Obviously, US $ depreciation is only part of the story.

Good point — depreciation is only part of it, maybe increased demand worldwide is also a factor. But we probably both agree that it isn’t the war…

[blahblahblah]

Euro was between USD 1.1 to 1.2 in 2003; $1.6 in 2008
Obviously, US $ depreciation is only part of the story.

Good point — depreciation is only part of it, maybe increased demand worldwide is also a factor. But we probably both agree that it isn’t the war…

[blahblahblah]

Euro was between USD 1.1 to 1.2 in 2003; $1.6 in 2008
Obviously, US $ depreciation is only part of the story.

Good point — depreciation is only part of it, maybe increased demand worldwide is also a factor. But we probably both agree that it isn’t the war…

[blahblahblah]

Euro was between USD 1.1 to 1.2 in 2003; $1.6 in 2008
Obviously, US $ depreciation is only part of the story.

Good point — depreciation is only part of it, maybe increased demand worldwide is also a factor. But we probably both agree that it isn’t the war…

[blahblahblah]

Euro was between USD 1.1 to 1.2 in 2003; $1.6 in 2008
Obviously, US $ depreciation is only part of the story.

Good point — depreciation is only part of it, maybe increased demand worldwide is also a factor. But we probably both agree that it isn’t the war…

[SD Transplant]

A chart from the Economist depicts an interesting correlation between $/Euro & Oil. My limited guess is that the US was predicting a tremendous pressure in the future/strategic supply chain of the oil due to the emerging markets – so it started a war to secure a strong hold/lion’s share on the futures oil supply chain. If you read other reports, we’re already involved in Africa by training certain governments to protect “America’s interest in the distribution of oil”…..there was a report in the news last week. NO we have NOT gone there to support the poor – we just have a presence where there is oil. Reality, as Bush claims it ” we are addicted to oil”.

http://www.economist.com/daily/news/displaystory.cfm?story_id=11294268

[img_assist|nid=7450|title=Vicious Circle|desc=|link=node|align=left|width=466|height=451]

[SD Transplant]

A chart from the Economist depicts an interesting correlation between $/Euro & Oil. My limited guess is that the US was predicting a tremendous pressure in the future/strategic supply chain of the oil due to the emerging markets – so it started a war to secure a strong hold/lion’s share on the futures oil supply chain. If you read other reports, we’re already involved in Africa by training certain governments to protect “America’s interest in the distribution of oil”…..there was a report in the news last week. NO we have NOT gone there to support the poor – we just have a presence where there is oil. Reality, as Bush claims it ” we are addicted to oil”.

http://www.economist.com/daily/news/displaystory.cfm?story_id=11294268

[img_assist|nid=7450|title=Vicious Circle|desc=|link=node|align=left|width=466|height=451]

[SD Transplant]

A chart from the Economist depicts an interesting correlation between $/Euro & Oil. My limited guess is that the US was predicting a tremendous pressure in the future/strategic supply chain of the oil due to the emerging markets – so it started a war to secure a strong hold/lion’s share on the futures oil supply chain. If you read other reports, we’re already involved in Africa by training certain governments to protect “America’s interest in the distribution of oil”…..there was a report in the news last week. NO we have NOT gone there to support the poor – we just have a presence where there is oil. Reality, as Bush claims it ” we are addicted to oil”.

http://www.economist.com/daily/news/displaystory.cfm?story_id=11294268

[img_assist|nid=7450|title=Vicious Circle|desc=|link=node|align=left|width=466|height=451]

[SD Transplant]

A chart from the Economist depicts an interesting correlation between $/Euro & Oil. My limited guess is that the US was predicting a tremendous pressure in the future/strategic supply chain of the oil due to the emerging markets – so it started a war to secure a strong hold/lion’s share on the futures oil supply chain. If you read other reports, we’re already involved in Africa by training certain governments to protect “America’s interest in the distribution of oil”…..there was a report in the news last week. NO we have NOT gone there to support the poor – we just have a presence where there is oil. Reality, as Bush claims it ” we are addicted to oil”.

http://www.economist.com/daily/news/displaystory.cfm?story_id=11294268

[img_assist|nid=7450|title=Vicious Circle|desc=|link=node|align=left|width=466|height=451]

[SD Transplant]

A chart from the Economist depicts an interesting correlation between $/Euro & Oil. My limited guess is that the US was predicting a tremendous pressure in the future/strategic supply chain of the oil due to the emerging markets – so it started a war to secure a strong hold/lion’s share on the futures oil supply chain. If you read other reports, we’re already involved in Africa by training certain governments to protect “America’s interest in the distribution of oil”…..there was a report in the news last week. NO we have NOT gone there to support the poor – we just have a presence where there is oil. Reality, as Bush claims it ” we are addicted to oil”.

http://www.economist.com/daily/news/displaystory.cfm?story_id=11294268

[img_assist|nid=7450|title=Vicious Circle|desc=|link=node|align=left|width=466|height=451]

[patientlywaiting]

As a frequent traveler, I echo Fareed Zakaria’s feelings on the rise of the rest.

The problem with Americans is that we don’t travel enough so we don’t see the world. We should bring back the draft and/or have young Americans serve in the Peace Corps for a year.

Look at Israel, almost all Israeli service-members take 6-months off to travel the world when they are done with military service. They are very interesting and creative people to talk to. For such a small country, Israeli companies are extremely creative and dynamic.

America’s trump card is that we can easily welcome new immigrants and integrate them into out society. That will be the challenge of the 21st century.

All the great emerging cities in the world are free-trade zones (Dubai, Singapore, HK, Shanghai). San Diego and Miami are the perfect locations for such free-trade zones and to keep Latin America firmly under the US sphere of influence.

[patientlywaiting]

As a frequent traveler, I echo Fareed Zakaria’s feelings on the rise of the rest.

The problem with Americans is that we don’t travel enough so we don’t see the world. We should bring back the draft and/or have young Americans serve in the Peace Corps for a year.

Look at Israel, almost all Israeli service-members take 6-months off to travel the world when they are done with military service. They are very interesting and creative people to talk to. For such a small country, Israeli companies are extremely creative and dynamic.

America’s trump card is that we can easily welcome new immigrants and integrate them into out society. That will be the challenge of the 21st century.

All the great emerging cities in the world are free-trade zones (Dubai, Singapore, HK, Shanghai). San Diego and Miami are the perfect locations for such free-trade zones and to keep Latin America firmly under the US sphere of influence.

[patientlywaiting]

As a frequent traveler, I echo Fareed Zakaria’s feelings on the rise of the rest.

The problem with Americans is that we don’t travel enough so we don’t see the world. We should bring back the draft and/or have young Americans serve in the Peace Corps for a year.

Look at Israel, almost all Israeli service-members take 6-months off to travel the world when they are done with military service. They are very interesting and creative people to talk to. For such a small country, Israeli companies are extremely creative and dynamic.

America’s trump card is that we can easily welcome new immigrants and integrate them into out society. That will be the challenge of the 21st century.

All the great emerging cities in the world are free-trade zones (Dubai, Singapore, HK, Shanghai). San Diego and Miami are the perfect locations for such free-trade zones and to keep Latin America firmly under the US sphere of influence.

[patientlywaiting]

As a frequent traveler, I echo Fareed Zakaria’s feelings on the rise of the rest.

The problem with Americans is that we don’t travel enough so we don’t see the world. We should bring back the draft and/or have young Americans serve in the Peace Corps for a year.

Look at Israel, almost all Israeli service-members take 6-months off to travel the world when they are done with military service. They are very interesting and creative people to talk to. For such a small country, Israeli companies are extremely creative and dynamic.

America’s trump card is that we can easily welcome new immigrants and integrate them into out society. That will be the challenge of the 21st century.

All the great emerging cities in the world are free-trade zones (Dubai, Singapore, HK, Shanghai). San Diego and Miami are the perfect locations for such free-trade zones and to keep Latin America firmly under the US sphere of influence.

[Author]

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