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Reply #14: A tanked dollar will bring all those jobs in China/India right back home [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-24-06 05:40 PM
Response to Reply #7
14. A tanked dollar will bring all those jobs in China/India right back home
Edited on Fri Feb-24-06 05:43 PM by EVDebs
The blowback will be quite ironic and trigger a worldwide depression. Lovely.

With a world GDP of around $36 trillion annually, and the US GDP at $12 trillion (and US 'consumption being around 2/3rds of that $12 trillion) you have a huge hit of around one quarter of world consumption shrinking.

Talk about shooting yourself in the foot.

But the US also holds what was called the 'Food Bomb' vs. the Middle East's 'Oil Weapon'. The food bomb being withheld takes a little while longer to 'go off', however.

All in all, a very depressing situation and we have a less than honest administration in power. Lovely.

I prefer Amory Lovin's OilEndGame www.oilendgame.com (downloads book for free). Also, metal air fuel cells, see http://www.evionyx.com/vision.htm#products_and_applications
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