Quote:
Originally Posted by Snake Doctor
Quoting our trade deficit during a discussion of the falling dollar is like quoting that smoking rates have dropped when discussing runaway health care costs.
A falling dollar actually HELPS our negative trade balance.
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i believe they were merely trying to make a point that despite the high exports volume, there is still a huge deficit, which was mentioned in a reply above quote:
"The low dollar actually helps US exports alot and will help to drop our huge deficit." end quote
so in fact despite strong export, there is still deficit.
a revaluation of the chinese currency would help the situation or americans should think twice before buying chinese made goods.