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we need trust from abroad to invest again in the USA

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elf Donating Member (805 posts) Send PM | Profile | Ignore Sun Feb-17-08 02:09 AM
Original message
we need trust from abroad to invest again in the USA
the economy is down because no one in the world trust the USA anymore.

What do you think happens, if the Saudis change from dollar to euros???!!!

It's not far away...........



Why do the scientist hold their conventions in Europe now and not anymore in the USA?

My husband goes to France and Austria now for his conventions and speeches because the top scientists of the world don't want to be treated at the immigration as an criminal or potential terrorist!!!!!!:cry:
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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 02:12 AM
Response to Original message
1. If they can delay and hassle Ted Kennedy at an airport -- more than once! --
because he was erroneously on The List, can you imagine the treatment FOREIGNERS would receive?


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elf Donating Member (805 posts) Send PM | Profile | Ignore Sun Feb-17-08 02:39 AM
Response to Reply #1
2. Yes that's sad
but where will this country go, when the world doesn't invest anymore and science has no priority anymore


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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 12:12 PM
Response to Reply #2
10. I'm hopeful that our Dem President will be able to mend some of the fences
Bushco has demolished.

If not, we'll have to re-build ourselves. There'll be no other option.


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ErnestoG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 02:40 AM
Response to Original message
3. They arent going to trust our nation headed by warmongers.
That includes people who voted for Bush's war.
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elf Donating Member (805 posts) Send PM | Profile | Ignore Sun Feb-17-08 03:00 AM
Response to Reply #3
7. I am so sad
because we came in 1996 and employed world wide 2000 people, a lot of them Americans, to get the cell phone industry running!!!

We installed networks all over the world.

My husband holds 2 patents for the sim card.

We are living here on green card which we got after another millions of investment, just to make sure, that we employ Americans and not taking away from American work forces.


We need Obama, to get this country back in it's way it was meant to be.


4 more years Republican and the whole United States Experiment was just a good try, but nothing else.
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 02:45 AM
Response to Original message
4. My brother made $60,000 just buying Euro with dollars....
He bought Euro at .85 of the dollar a few years back, let it sit in the bank, and now the Euro is worth at 1.45 of the dollar.

Folks don't get this. The dollar is in the toilet.
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 02:46 AM
Response to Original message
5. You're right about the trust and events in the USA, but not the inflow of investments
Edited on Sun Feb-17-08 02:48 AM by TexasObserver
The more the US dollar falls against the EURO and other currencies, the more it makes attractive the investment of foreigners in US properties. In other words, they're buying us with the dollars we send them for all the exports they send us. China and Japan, to name two, and the decline in the US dollar makes those investments in US real estate, for example, a better deal.

But your point is well taken about the role that the Bush Gestapo tactics, and how they have curtailed travel to the US, and reduced the US as a point of destination for conferences, educational meetings, and vacations. Foreigners know the horror stories of entering Bush's America. That needs to change.

The US dollar will likely continue to be weak this year against other currencies, because the monetary policies of Bush's FED chairman are designed to pump liquidity and credit into our system, and those actions, while they enhance the ability of borrowers to pay back loan and lenders to stay in business, also cause the US dollar to lose value against other currencies, correspondingly.

The trend will likely reverse once we have a Democratic president in 2009, although it may take a full year to reverse the dollar's decline.

The values you see in the stock market are inflated by the FED's actions, which have kept the DOW and other indices artificially high since last August, but at the cost of a devalued dollar.

Hope this helps. You're absolutely right about the impact on foreign travel to the US, but the investment angle is a little different than you perceived, as I have noted.
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elf Donating Member (805 posts) Send PM | Profile | Ignore Sun Feb-17-08 03:11 AM
Response to Reply #5
8. Thank you, texas Observer
it's always good to get a new input for think it all over and get some input!

That's what we Germans like....we like to discuss and exchange our thoughts............ Thanks again
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 03:29 AM
Response to Reply #8
9. The EURO has outperformed the US stock markets significantly since Bush took office.
When the decline of the US dollar against the Euro is taken into account the past 7 years, the US stock has gone down, not up. In real dollars, adjusted for real inflation and the declining US dollar, American investors would have done better when Dubya took office to simply buy Euros and hold them.

Germans have to be happy about the success of the Euro. What was the feedback on the way Bush treated Merkel, particularly his impromptu shoulder rub?
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 02:53 AM
Response to Original message
6. A prez with an IQ above 80 would help.
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