Quote:
Originally posted by Nathan
A low $$ helps the americans because exporting goods is a lot easier. It hurts Europe bigtime because we basically either lose 25% of our US income or we leave it all since customers will just leave if we regulate our US prices this much.
Of course, importing goods is also not too easy for the US, but the US does not NEED to import a whole lot of goods.
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jeez 25%. i see why this is such a big deal for you all. is there any other country that could have this type of affect on the worlds economy our just ours since we are a consumer based economy? thanks for answering my question by the way.