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Old 05-16-2007, 06:48 AM   #1
kidmercury
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The Decline of the Dollar and Your Business

In between the fake scare tactics of shows like 24 (designed to condition you) and the fake scare tactics in the portrayal of Virginia Tech killings (designed to make you consent to increased governmental power) you may have heard the real scary news: the decline of the dollar, and the coming introduction of the Amero.

After breaking past the resistance point at circa 1.3350, the EURUSD exchange rate went on a bit of a tear, moving 300+ points thus far in April. The exchange rate currently sits at 1.3670, and thus is testing the all time high of the pair's exchange rate.

Also, the GBPUSD passed the 2.0000 point -- meaning that 1 GBP buys you 2 USD.

In my personal opinion, the exchange rate is going to continue in this direction for the remainder of the year and more. (That's not investment advice, don't take it as such, you assume all liability if you do).

What's this mean for your business?

For Americans, look to develop capabilities in selling your services abroad. Also bear in mind that the price of labor in the United States is declining. So, buy labor in the States, and sell it to Europeans. This has the opportunity to be a great boon for some businesses; American labor is culturally compatible to European labor -- especially that of Britain -- and thus there can be a real cost advantage that can be enjoyed here.

On a more urgent note, this is where the ruling class' agenda to create a one world government takes a big step forward: the decline of the US dollar is the problem that can be used to deliver the pre-fabricated solution of an economically integrated North America (analogous to the European Union), complete with its own currency: the Amero.

Here's a video from CNBC about the Amero. And here's a PDF file from the Council on Foreign Relations about the North American Union. It talks about developing a North American Border Pass with "biometric identifiers." Biometric identifiers will most likely be introduced via national ID cards.
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