According to Warren Buffett, the head of the Berkshire Hathaway Inc, the U.S. dollar will continue to slide because of the huge current account deficit (trade deficit) + force feeding a couple billion a day to the rest of the world is inconsistent with a stable dollar + if the U.S. current account deficit keeps running at current levels, the dollar is certain to be worth less in 5 or 10 years from now against other major currencies such as the Euro and the Canadian dollar + many of the banks who marketed complex investments (the people that brewed this toxic Kool-Aid found themselves drinking a lot of it in the end) which have now crashed are bearing much of the fallout + the ripple effect is dramatic (once somebody says the emperor has no clothes, people start looking at the individuals around them to see whether they've got some of the same/as I've said in the past, it's only when the tide goes out that you find who has been swimming naked/well, the tide has gone out and it has not been a pretty sight) + as for a recession, the United States will do very well over time, despite setbacks such as wars and market bubbles, the country goes forward.
I believe his views are perceived as NFL(near flawless) in the business world + his business operating system is also unique (favors companies with relatively simple businesses, strong management, consistent earnings, good returns on equity, and little debt).
The gem and jewelry sector may have a lot to learn from Warren Buffet.
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