Sunday, August 9, 2009

US dollar value will decrease for another 2-3 years?

Very interesting news. I read very similar analytical articles on subscription journals- here%26#039;s a good rough guide-



http://english.pravda.ru/business/financ...



It is expected to stabilise in 2-3 years at 1.50 USD: 1.00 鈧瑄ro



%26quot;The greatest benefit of a weaker dollar is for the U.S., which has benefited (and will continue to benefit) from strong exports, Nariman Behravesh says.%26quot;



- U.S. firms find it easier to sell goods in foreign markets.



- U.S. firms find less competitive pressure to keep prices low.



Dr. Nariman Behravesh has 3 reasons for decreasing USD



huge U.S. current account deficit;



Weaker US growth compared to most OECD nations.



Market expectation that Fed on hold %26amp; other central banks will be raising interest rates during next year.



Also the largest energy producers Russia, Iran %26amp; Venezuela are flies in the US%26#039; ointment for demanding payment in 鈧?or 锟n.



I think the prediction is valid.



Assets in USD ?- trade them for Euros.



Your thoughts?



US dollar value will decrease for another 2-3 years?car financing





What can you expect from a nation 9 trillion dollars in debt thanks to horrible economic policies designed to make the upper 1% rich and powerful.



US dollar value will decrease for another 2-3 years? loan



all I can say is that a 50p dollar makes me very smug. Because of that I%26#039;m sticking to the Great British Pound, you can stick your Johnny foreigner Monopoly Money.



RULE BRITANIA!!!!!

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