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The economy in the United States will continue to slow, and the average person will be hurt by increasing prices for everyday staples like food, milk, and gasoline. (NEWS proof) The prices on these everyday commodities will continue to rise, due to the diversion of grains to bio-fuels. The average American will be living on their credit cards and will be living paycheck to paycheck. The falling dollar is bad for Americans, but not for others. The U.S. will benefit from increased foreigners traveling to the U.S. It is the first time many foreigners will be able to come to the U.S. due to the inequities in the currencies. Once these foreigners travel here, they will see what a great bargain America is and many will move here. This will all be happening as Americans look for somewhere else to live, since they are struggling. More and more Americans will. The economy in the United States will continue to slow, and the average person will be hurt by increasing prices for everyday staples like food, milk, and gasoline.
The lure of an easier life, less taxes, and good weather will be the big draw. You will hear about as many as 10 to 15 percent of families considering moving out of the U.S., especially certain occupations that other countries need. Engineers, IT professionals, and many other specialty occupations, even teaching. If you have a needed niche skill you will be in demand in other countries and those countries will allow you benefits to move there. Very soon, the government will be shocked by so many taxpayers leaving the country. The exodus of U.S. citizens will partially be balanced by Europeans moving here. They can sell their expensive houses, and move here and buy a better home for less money. They will also move to escape bad weather and high prices and high taxes. The south and southwest will be the highest benefactors of these new immigrants. You may see this happening in 2008 and 2009. Americans will be more willing to trade big jobs and fancy offices for much less stress and better weather.
QUESTION: When people leave America to live somewhere else, will many of them abandon their debt, and if so, what will be the consequences?
ANSWER: Some will walk away from their homes. Others will just leave and try to get lost in another country. There will be some running from debt but they will still need to be solvent to gain citizenship in the foreign country.
QUESTION: How are Europeans going to acclimate to the American way of working?
ANSWER: Many will come here with a skill or a trade. Others will come to retire or start their own business.