what is worrying greenspan?, page-5

  1. 22,691 Posts.
    They are already buying other USA assets as well. The USA is in the process of slowly being "hollowed out".

    It is no different than animals feeding from a carcass.

    Next to Outsourcing, heavy consumption and little savings, very low export of goods, heavy deficits, non productive bubbles and manipulated data of all kinds including GDP and CPI stand out.

    US asset stripping is a favourite tactic and it will get worse with US dividends leaving the country. But it takes time.

    The USA wants a lower dollar but at the moment it is being held up by the poor Euro performance, unrealistic high demand for the USD due to a rising differential of interest rates.

    "The third hour" of:
    http://www.netcastdaily.com/fsnewshour.htm

    is very interesting.

    Gerry


 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.