What do you think will happen to all of our investments and savings if the dollar slips and is no longer the world's most dominant currency?

like
Posting as :
works at
You are currently posting as works at

Inflation goes up driven by imports. But exports are cheaper. So US companies will continue to make bigger profits outside.

It won’t impacts your investments massively if the USD slide is because of US policy…right now it is because they want to export more and reduce trade deficit. You can always diversify to international ETFs as they will go up if USD goes down.

If you think that USD which is owned by 60 % of world banks will drop to a minority (compare to 20% Euro), in few years …you are predicting a global catastrophe that will make the Great Depression like childplay. US treasury is an extremely powerful organization.

You may want to read up on why exactly it is most dominant currency and why we can literally print money at a scale that no one else can. US had deliberately weakened dollar in the 1980s to almost 40%

like

Yep 👍

That has been a threat for the last 30 years. Which country will offer a safer investment than the US?

Related Posts

Salam. My cousin’s newborn son is going into surgery today. Please make dua for his recovery and remember him in your prayers everyone 🤲

like

Anyone from Houston? I’m moving there soon and it would be great to join the community in any way!

like

Project Manager just told me that I could take Fridays off as long as the client does not ask. The reason given is it's a local project and you've been here for a year.

like

I want a breakdown of reply alls by Service Line

like

Salary bands for senior EA - Does anyone know what they are for the following Canadian companies: KPMG, Amazon, Telus, and Deloitte

like

Happy Be Kind to Lawyers Day!

like

How is ZS different from other healthcare consulting firms in terms of projects? What does it essentially specialise in?

Any tennis players out in East Valley 4.5 and above?

like

I have 2 offers 1 from Accolite Digital : 25LPA and other is from Capgemini : 27LPA. Both are giving fixed. Which one I should join ?
I have 7 years of experience and LWD is 23rd May

like

Any advice for Fla business that may have to let go of staff? 20-25 emp; furniture mftg. Don't practice employment and they can't afford lawyer that does. They want to comply with laws.

What is typical salary range for Sr. Consultant at Deloitte India Consulting. YoE - 3. MBA Tier 1 college.

Deloitte India vs Deloitte USI.
Please answer if you have worked for both and have significant first hand experience about the difference in WLB, annual hikes, work culture, any other observations.
I see a lot in of this same discussion but very confusing and repetitive answers.
So would like people with personal experience to answer.
Thanks in advance 😃

By when salary will be credited to accounts? Can anyone say where can we find payslips?

like

Can we change unit within Consulting Of Deloitte India.?
I am in bench though. I found opportunity in another unit within Consulting

like

Just realized it's not Friday ☹️

like

Is it possible to move from Deloitte UK LLP to deloitte India within 1 month of joining?
Deloitte

funny

Hi

Is anyone able to access prudent mediassist portal to submit claim after new entollment ?

like

Hello Fishes,

What will be my monthly in-hand salary ?

Post Photo

EYGDS vs Deloitte USI - which one is better for US taxation teams

like

Additional Posts in Compensation in Consulting

Accenture talent and org offer. Manager hire at $175k base and $25k signing. Good?

like

Product Strategy role at Google or Meta, IC 5/6, what would TC look like? Tier 2 city. Happy to dm as well!

like

how much does an sap senior consultant make at deloitte consulting?

like

What’s the salary range for a manager in the Pharmacy R&D practice at Accenture based out of Chicago?

like

KMPG 🐠 Senior Associate, NYC

likefunny

Snowflake people - how many shares did they give you pre-IPO, how long before IPO did you join, and what was your level of experience?

like

Currently my base is 139K, SC2 commercial and the target promotion year is 2022. What % of base salary hike I can expect with exceptional ratings if I get promoted as planned? 👏

like

I have an interview with Korn Ferry for an associate principal role and am curious about others’ experiences have been with work-life balance here. Also, I have an idea of what I should be compensated in this type of role, but any insights on how they pay compared to others would be helpful. Are you traveling during the pandemic or have client interactions been virtual? Lastly, if you are a consultant here, are you on billable hours? My current consulting role is not - so this would be new.

like

Is the difference between big 4 and MBB in compensation huge at top levels (SM and up)?

likefunny

I have a awesome design for luggage that is designed for people that usually fly first class. It keeps all clothes in travel on straight during any flight and optimizes the use of first class luggage

like

4th year manager S&O federal manager at Deloitte with 10 years experience. What is normal base salary range?

like

Anybody knows ITA M3 salary for Houston and Austin?

like

EYP fishes - what is the expected comp within strategy with 3 YOE?

like

I currently make a TC of 210k in Midwest region working in cloud architecture consulting. I looking to find my next role outside of consulting while keeping or increasing my TC. Has anyone been in similar situation and what type of roles and companies should I apply? I’m not looking to move to a high cost of living area

like

Do MBA hires get placed as senior consultants at Deloitte? Or consultants? Confused about the hierarchy there. Also, can anyone shed light to Deloitte bonus %’s?

like

Hello! Looking at an opportunity with established startup in UK that's just been acquired by a large co. I'm US based and my salary is around $250k (NYC) -I've been asked my expectation without the startup giving me a range to work from (though I've asked). I'm not sure how to reply to them because I have a feeling that my requirement may be out of their range and while I don't want to undercut my value, I also don't want to be cut out of the process because it's an interesting co. Any advice?

like

I am getting the below offer. Is there room to negotiate?
I have 5 YOE

Title: Sr. Sales Account Manager
Base Salary: $130k
Bonus: $55,705
Stocks: $60k (vesting over 3 years)
Sign-on Bonus: $7,500

like

Trying to help my sister negotiate her comp, advice appreciated. Context: starting 9mo maternity leave. Got reached out by her bosses from 4y ago (very good experience both ways). Job is perfect match for her skillset. They asked for her expectations, she said 90. They told her range for the job was 90-110. Offer was made at 90 (50M valuation start up). Also got stock option (24k for 4y vesting, valuated at 50k today) Convinced her to negotiate for 110. Is that too late? What arguments to use?

like

My offer letter says I will be eligible for 60k RSUs annual award with a 3 year vesting period. Does this mean I will get 60k award each year and my vesting each period would look like this. Year 1: 20k, Year 2: 40k, Year 3: 60k, Year 4: 60k …

like

How would y’all grow 300k cash to 1M in a year?

funnylike

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal