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User Name Thread Name Subject Posted
GUEST,Garydon BS: How low can it go? (USD question) (51* d) RE: BS: How low can it go? (USD question) 23 Nov 04

heric. I would go and buy that honda now. As interest rates rise in America, houseing which has has fueled financial growth for a good period of time, will start to fade. The cost of a house will start to come down which is the main source of equity for the middle class. Once the houses and thus equity start to fall inflation will set in. At which time the dollar should stabalize in value around the world. At what level who knows. But, as an example an item will then cost approximatly the same in Ireland as it does in America. After my last trip to Ireland I bought Irish gifts for my family here in America because I could purchase the gift cheaper in america than I could in Ireland, and it was madein Ireland. My mother in law just canceled her trip to Scotland because of the dollar to pound ratio. I was planning on Scotland in 2006 and will waint and see where I go at that time and the dollar value will have much to do with it. Some comments from the side lines


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