Quote:
Originally Posted by sperbonzo
You're kidding right?
do you understand basic economics?
The dollars weakness is GREAT for the US economy. Our exports and corporate assets are strong sellers.
The over strong Euro, on the other hand, is flattening out the EU economy in a really big way. This is why unemployment in the EU is twice to 5 times the US rate, your export market is in the shitter, and the heads of banks in places like Germany are trying to figure a way to get out of the Euro and go back to the Deutchmark.
Don't buy the hype pal.... look at the realities of the situation.
.
|
Amazing that when it was much higher, your compatriots would claim how great it was, that it was because your country is strong, because there is no deficit and so on ....
Now, it is great that it is low, so you can export more ( aside from jobs and military equipment, what does the US export ? ) and
corporate assets are strong sellers...
You are proud that foreigners can buy out on the cheap your big corporations ?????
IBM desktop = Lenovo ( Chinese )
Port Security = Saudia Arabia
and so on ....
**** 50 low dollars ****