I'm an undergraduate that will graduate in Spring 08 with a BBA in Finance/Management. I was planning on working for two years and then going to B-School.
Say China and co start pulling their money from the federal reserve, the US dollar hyperinflates, the US renegs on their multi-trillion dollar debts, and/or the dollar is no longer the oil currency.
What sector or job type would give me the most security...
2007-06-21 14:24:13 · 5 answers · asked by Anonymous in Social Science ➔ Economics
any of the trades. there will always be a need for handmade stuff
2007-06-21 14:37:30 · answer #1 · answered by oldguy 6 · 0⤊ 0⤋
Tourism, and retail. Especially on the coasts. People will travel all the way to New York from Europe because their Euro will be worth so many dollars, they can shop anywhere and stay anywhere at a bargain.
2007-06-21 15:18:20 · answer #2 · answered by PH 5 · 0⤊ 0⤋
This will never happen.Atleast not in your lifetime. The US banking system is by far the most stable system in the world and China or any other country for that matter will never take dollars which they have invested here.
2007-06-21 23:49:02 · answer #3 · answered by rockstar86 2 · 0⤊ 0⤋
china wont sell their dollars. they wouldnt want to suddenly lose 25 % of their economy. if that were to occur then every economy will suddenly find themselves in a recession or depression.
2007-06-21 17:10:11 · answer #4 · answered by Anonymous · 0⤊ 0⤋
anything where we import since the relative price will go down but your pay will be based on value marginal product and will increase since demand will increase
2007-06-21 15:19:38 · answer #5 · answered by haggismoffat 5 · 0⤊ 0⤋