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SPDR Dow Jones Industrial Average ETF Message Board

  • lloouuiiss22 lloouuiiss22 Jan 7, 2008 10:12 PM Flag

    DIA down %6 a year since 2000!

    Is the USA in a Great Depression? I believe we are! It started in 2000 with the formation of the EU. The DIA would be at 73 or so if the Dollar was at least = to the Euro! That is -%6 a year for the past 7 years! Ask yourself this... if GDP is %4 but
    the currency is devalued %10 in the same time period wouldn't the REAL GDP be -%6 ? Relative to the EURO. Everyone knows The 2 greatest economic regions are USA
    and EU! That is why we compare the two! in the past
    (before 2000) the dollar stayed relatively stable against the European currencys fluctuating only %2 but now things are different! Face the FACTS the USA is in a Second Great
    Depression!

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DIA
160.46-4.72(-2.86%)Sep 1 4:00 PMEDT