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Counter to Popular News the US Growth is Likely Entering Its Longest Greatest Period of Growth

103 20
As this recession closes, the United States finds itself in a position that will lead to unprecedented prosperity.
 Over the past two years and going into 2010, the U.
S.
is overcoming several trends that lead to the recession, historically low consumer savings rates, historically high consumer debt, and an over valued U.
S.
dollar.
  The fact is for the past decade and to some extent for the past generation, the U.
S.
was in a cycle where investment in the U.
S.
was the surest win for the world's investors.
 As a result, the dollar was high.
 Credit for U.
S.
consumers was easy.
 Prices of global products were low.
 Predictably, the U.
S.
enjoyed unprecedented growth in housing, the trade deficit sky rocketed, the federal deficit escalated, consumer debt sky rocketed.
 Finally, as global development began to create real peers to the U.
S.
economy the party ended in the recent "Great Recession".
The U.
S.
is likely to endure a few years of slow growth as our economy writes off the excesses of the past generation and takes steps to become more domestically focused for production.
However, the U.
S.
stands to benefit from the reversal of fortunes around the globe.
 China, India, and other developing nations are becoming significant economic players.
 As a result, the U.
S.
can expect these currencies to gain value against the dollar steadily.
 Having achieved significant wealth and no longer able to depend on the American consumer for cash, these countries are turning to consumer economies that will demand goods from U.
S.
producers.
 The U.
S.
is investing and will accelerate investment in alternative energy produced at home gradually removing a significant account deficit from the outgoing to incoming account.
 Foreign competition for capital will make debt more expensive and more conservative continuing to reduce U.
S.
consumer debt access.
 Debt will increasingly seek cash producing investment.
The factors above will drive: ·         Accelerating exports, ·         Decelerating imports, ·         Increased savings, ·         Increased productive investment as the U.
S.
becomes a lower relative cost producer, ·         Increased commodity sales and at increasing prices, ·         The new medical support system will create a healthier society, and ·         An economy more evenly balanced between business and consumer spending Other trends will continue to benefit the country: ·         Access to information and improved information processing in the country will continue, ·         High levels of immigration will continue, ·         Global growth will increase demand for commodities, For U.
S.
currency value, treasuries, and investment the change in global economic weight (more economic output and value in China, India, and other emerging economies) will result in an environment where the dollar will steadily lose value versus these currencies as these economies appreciate and will steadily gain value against Europe, Japan, and Korea as these developed and saturated economies are unable to keep pace.
In conjunction, the relatively young U.
S.
consumer population and U.
S.
business will experience a generation of strong economic development, balance sheet strength growth, and prosperity.
Source...
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