Thursday, October 18, 2007

So the decline of the dollar is making news ,but what does this really mean for investors?

The post war period was a time of an enormous increase in us production capacity to help rebuild the world from the ravages of war.In the seventies the process reversed and the US consumer backed by a strong US currency emerged .From the early1980’s till 2000 the US consumer carried the world economy on its back .Today is again like the 1970’s marked by a period of transition .The new consumers in Asia ,India and South America are beging to drive the world economy .The the US currency is declining to better position US manufacturiers to sell to world markets . US investors must reposition themselves for the new boom in exports and the power of the new consumer(china,india,brazil).

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