Thursday, October 14, 2010

"Total Trade" - Why the Dollar is Doomed

Mention trade deficit and currency fluctuations and my eyes glaze over in an instant.....my brain freezes into perma-frost......it just all seems too difficult to understand. Until now.

photo




The relationship between gold, the dollar, oil, China's trade imbalance, foreign currency rate changes and the US imports of junk all add up to "total trade" and this article synthesizes it in a way that makes sense to me for the first time.

Even if you haven't thought about these issues, you should read this article. Your financial future depends on you understanding the big picture......and this article lays out it clearly!

~jfc~

1 comment:

  1. Such interesting articles lately! I look forward to sitting back, propping up my feet on the couch, and reading them this weekend. With a nice cup of hot cocoa...mmm....

    ReplyDelete