JOSEPH FOSTER

How the U.S. Financial Crisis Resembles Japan’s 'Lost Decade' - And How to Play It, Part II

I DO NOT AGREE WITH THE COMPARSION OF JAPAN AND USA RECESSION.
THE US HAS VAST RESOURCES OF COMMODITIES, OIL, GAS, FOOD,
ETC ETC. FOREIGNERS HOLDING LARGE SUMS OF DOLLARS ARE ABLE TO EXCHANGE THESE DOLLARS FOR A VAST ARRAY OF GOODS AND SERVICES THAT IS PLENTFULLY AVILABLE IN THE US.
AS TO DEFACING OF THE DOLLAR, ALL COUNTRIES OF THE WORLD DO THE SAME, UK, EUROPE, RUSSIA, ETC ETC.
AN EXAMPLE I BOUGHT A HOME IN CALIFORNIA IN 1974 FOR $125,000 TO DAY PRICE $2,000,000 WITH CURRENT CORRECTION IN PROPERTY VALUES LET SAY IT IS NOW 1.7 MILLION.
I DO NOT OWN THE HOME NOW AND HAVE LONG AGO SOLD THE HOME.
I AM NOT AN ECONOMIST, THE INCREASE IN THE PRICE SETTING ASIDE THE SUPPLY AND DEMAND CONCEPT IS DUE TO THE DOLLAR LOOSING ITS PURCHASING POWER.
THE SAME HOLDS TRUE WEITHER THE HOME IS IN THE UK, FRANCE, GERMANEY OR ANY OF THE DEVELOPED COUNTRIES.
THE SMART INVESTOR CANNOT CHANGE WHAT THE POLOTICIAN MAY DO OR NOT DO AT BEST HE MUST ADAPT HIS INVESTMENT
TO THE DIRECTION OF THE TREND, TO DAY IT IS OIL AND GAS.
REAL ESTATE WILL ALSO REMAIN THE BEST INVETMENT FOR THE LONG TERM.
WHEN THE DUST AND STORM BLOWS AWAY MANY SMART INVETORS THAT ARE BUYING AMEICAN COMPANIES ON SALE WILL
MAKE A FORTUNE.
JOSEPH FOSTER A GLOBAL TRAVELLER AND INVESTOR.