Strong dollar or weak dollar: falling or rising: US emotions. Global Economy Speaker - Keynote

http://www.globalchange.com Bob McTeer (formerly part of Federal Reserve Board) has talked about possibility of a weaker dollar and why important in stimulating growth. Had a negative reaction - rise or fall of dollar - from some of American public. Dollar and exchange rate fall: trade imbalance, dollar comptetitiveness, exports growth, balance of payments impact on dollar value. Behaviour of Sovereign Wealth Funds and impact on dollar exchange rate, basket of currencies. Switch from Dollars to Euros. Foreign direct investment impact on dollar value. Inward capital flows support dollar. Risk of dollar crash, depression, recession. Why do people blame Alan Greenspan for the sub-prime crisis and dollar value today? He lead the Federal Reserve Board during the dot-com crash, 9/11 and following years when interest rates in the US fell as low as 1% and America came close to deflation. These low interest years are now blamed for the housing boom, the flood of bad loans and the sub-prime crisis. But is this fair criticism of past economic events in America, with money supply issues, rising unemployment, falling or static economic output in early 2002? Video on dollar and US economic outlook by keynote conference speaker Dr Patrick Dixon, Futurist and author of 12 books on global trends. Euro, dollar, fall, rise, sterling, currency, inflation, central bank, bank, England, interest, rates, control, economy, growth, recession, economic.

Alan Greenspan, Federal Reserve, America, American, output, unemployment, 9/11, dotcom, dot-com, bubble, housing, house, price, crash, burst, falling, Euro, sterling, currency, inflation, central bank, bank, England, interest, rates, control, economy, growth, recession, economic

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• greenspan
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• america
• american
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• unemployment
• 9/11
• dotcom
• dot-com
• bubble
• housing
• house
• price
• crash
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• dollar
• gold

[enmaxlineman]

The tide has changed and this will take time, and the U.S. dollar is concidered high right now but big money needs to move out slow to not cause a rush for the exits.

Banking greed and trillions of debt have the bank industry in big trouble which has so much more to work through.

I see the U.S. dollar losing 20% by mid 2010

[pjvdixon]

Many people would agree with you - as also about the gradual process of revaluation.

[ponzi6]

I don't think the UK economy was in such a bad condition decades ago when the pound was strong. And neither was the US economy when the dollar index was much higher. Ask the Italians about the merits of a weak currency policy and the imbalances and inefficiencies that such a policy produces.

[pjvdixon]

It is hard to compare decades ago with now. There are many differences not just the exchange rate. Patrick Dixon

[dutchtrader14]

Good video

[pjvdixon]

Thanks for your kind comments on this video about the strong dollar , weak dollar arguments. Patrick Dixon

[MrWillyandjoeshow]

I like this info

[aaalexccc]

This is what will happen /watch?v=GEIf9t44trg

[jjwmonsta]

Its now June 2009 and the US dollar continues to weaken. The Fed prints more $ and now the president wants the Fed to police companies that pose a systemic risk to the financial system. And now we are beginning to see the effects of defaults on commerical loans.

I like Dr Dixon he tells the truth and that is all that needs to be told.

My own opinion??? By August 2009 the DJI will be around 4500.

[mylesthedogg]

The US dollar isnt weak its virtually nonexistant,thats why the regular people that drive the economy drive a 10-20 year old POS and live off the dollar menu,we miss a paycheck and we are homeless with our children.Who cares about healthcare when your freezing on the street,see how strong the dollar is when you live on $1000 a month and rent is 650.I eat a single rice and beans at least 4 days a week.I study,work overtime, and still find time to spend with my kids.Make adifference start at home.

[thriceplowedfield]

my head got stuck in the toaster. help me.

[coach3sheff]

the fact of the matter is - usa is bust - who believes that the debt can be serviced - no one - the economy is shown for what it is - bullshit. i hope it all crashs and burns - though i fear for possible war it might be worth it to get rid of the bankers and the skivs.

[superjump01]

Okay I'll bite . Berners lee was Swiss. Not British. So the Brits lose that one. Also MOSAIC was the first system that actually allowed web pages to display images . Mosaic was invented by Marc Andreessen born in Wisconsin USA.

BTW I through the Machine gun out there as bait to see if you would bite. The machine gun along with the first semi and fully automatic gun operation systems were invented by Hiram Maxim born in Sangerville, Main . So the Machine gun is the invention of an AMERICAN. HA!

[AcomsRazor1776]

7. To bad so sad. Bell did the research and made it work FIRST. Then set up the first telephone company.

7. Again, operative word being MODERN. A better word might even be PRACTICAL. Of which the brittish versions were neither. The TV design of frances Jenkins actually made operative sense and was the design incorporated into ALL Televisions world wide. The TV you own and use right now based on the work of Charles Francis Jenkins

LOL Brits are great at making things, Things that Don't Work!

[AcomsRazor1776]

LOL

1. bitter mutch

2. laugh it up its changed the lives of millions of blind people.

3. MODERN lightbulb, opperative word being modern. Joseph swans light bulb din't even last a day without burning out and produced shit for light

4-5. Morse invented The first PRACTICAL telegraph, other ideas were in play but morse's invention was the first to use electricity

6. The concept of flight was already none theanks to bernoulli. The wright brothers had the FIRST EVER sustained Mechanical flight

[flangelet]

6. See Leonardo & Sir George Cayley for more details. Cayley was BRITISH.

7. Bell stole the idea from a man who couldn't afford a patent!

8. John Logie-Bird?

LOL Yanks are GREAT aren't they... Great thieves!