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| -Short Attention Span Theater- |
| Uh Oh, Even Warren Buffet Sees the Writing on the Wall..... |
| 2011-04-23 |
| “I would recommend against buying long-term fixed-dollar investments,” Buffett said at a public appearance in New Delhi. “If you ask me if the U.S. dollar is going to hold its purchasing power fully at the level of 2011 five years, 10 years or 20 years from now, I would tell you it will not.” |
| Posted by:Uncle Phester |
| #2 On the other hand all those Hondas, Nissens, Toyotas, etc assembled and manufactured in the US will be at world competitive prices. Then watch the world erect trade barriers [aka regulations] to Made in America so we can see the saps we've been on 'free markets'. |
| Posted by: Procopius2k 2011-04-23 22:22 |
| #1 The dollar won't hold purchasing power, but I have serious doubts that any other major currency will either. |
| Posted by: Glenmore 2011-04-23 21:02 |