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Reply #7: It only makes sense for investors. they're not stupid. [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
mainer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-23-05 07:39 AM
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7. It only makes sense for investors. they're not stupid.
Those of us who can see where the dollar's headed are going to react to protect our savings, aren't we? The advice isn't just for bigwigs. It's for everyone who can see where the US is going. Down. Sorry to say, we're no longer #1. We are a debtor nation, and there are bad times coming. So how to invest overseas? Frankly, it's hard to invest in Euros. What I've been told is to invest in multinationals that have assets not just in the US, but abroad. They will be less vulnerable to the falling dollar. There are also mutual funds that specialize, say, in Asian markets.

The US is failing for a number of reasons, and the very things that could keep us on top -- a well-maintained infrastructure, a generation of kids well-versed in math and science -- are being totally destroyed by the fundamentalists and anti-scientists.
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