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Posts Tagged ‘ Unprecedented Decline ’

U.S. Consumers Destined for a Future with Fewer Choices, Much-Higher Costs

Apr 23rd, 2008 | By Peter D. Schiff | Category: Stock Market Investing

As the dollar continues its historic decline, imported goods will become too costly for many Americans. In addition, more of those products still made domestically will be exported to wealthier foreign consumers whose appreciated currencies increase their purchasing power.

Tags: Apollo Management, BBI, Blockbuster Inc, CC, Cheap Airfares, Circuit City Stores, DAL, Delta, Delta Air Lines Inc, dollar, inflation, Interest Credit Card, JBLU, Jetblue, Jetblue Airways, Linens N Things, Northwest Airlines, NWA, Overdue Overhaul, Private Equity Firms, Sharper Image, SHRPQ, Unprecedented Decline, US stocks, Wal Mart Stores, Wal Mart Stores Inc, WMT, Zero Interest Credit Card
Posted in Stock Market Investing | Comments2008-04-23+10%3A53%3A40Peter+D.+Schiff

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