GoFuckYourself.com - Adult Webmaster Forum - View Single Post - The reason for war with Iraq is: The Euro

Probono · 02-13-2003, 07:45 PM

That is a very interesting essay. It has a lot to consdier in it and may even be valid. Let's assume it is.

If the US dollar falls 50% in value and the US standard of living falls a few things will occur.

1. US industry will jump start and jobs moved off shore will return. US workers are still among the best educated and most productibve in the world.

2. US exports hurt by a strong dollar will recover because they will become a bargin in euros and other currencies.

3. US imports will drop and people will purchase made in USA creating more jobs.

4. The push to move off the petro standard for energy will accellerate.

5. It would be painful for a while but the US would end up better for it in the long term.

02-13-2003, 07:45 PM
Probono Confirmed User Join Date: Oct 2002 Location: Under the Rainbow Posts: 2,731	That is a very interesting essay. It has a lot to consdier in it and may even be valid. Let's assume it is. If the US dollar falls 50% in value and the US standard of living falls a few things will occur. 1. US industry will jump start and jobs moved off shore will return. US workers are still among the best educated and most productibve in the world. 2. US exports hurt by a strong dollar will recover because they will become a bargin in euros and other currencies. 3. US imports will drop and people will purchase made in USA creating more jobs. 4. The push to move off the petro standard for energy will accellerate. 5. It would be painful for a while but the US would end up better for it in the long term.