Quote:
Originally Posted by GreyWolf
You saying there is now a drop in debt of 30%??? 
Sure, in theory a low dollar should help exports, and it has done to a degree, but so little in comparison with the level of imports. Also, since there are far more imports than exports - it sure does not help the trading deficit where more dollars are needed to pay for imported product. |
Trade deficit has gone down 10% for the first time in many years.
US Manufacturing has increased in record numbers:
http://query.nytimes.com/gst/fullpag...C0A96E9482 60