Quote:
Originally Posted by SinisterStudios
The US dollar is not going anywhere, the US is still the largest economy in the world and americans spend freely (too freely and thats what got us into all this shit) The low dollar actually helps US exports alot and will help to drop our huge deficit. We havent seen the bottom yet, but when we do it should be a good investment. Once Bush is out of office there should be rebound.
Its a normal cycle with currency, its happened before and it will continue to happen. Does anyone remember when the Japense Yen was out of control back in the early 90's, the dollar was in the dumps then too and it rebounded.
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US exports is not considered any significance, yes it is there and yes it is going strong right now, but it is still much much less than what we import.
perhaps we should sell some american made porn in china to get our hands on those dollars over there...