Quote:
Originally posted by sperbonzo
Yes,and in a lot of ways that is REALLY GOOD FOR US! The weak US dollar is doing some great things for our ecomomy, and the idol of all idols for democrats....John F Kennedy, cut taxes and took steps to weaken the dollar as soon as he took office in order to help the economy....
|
Well times are alot different than when JFK was around. One thing that may be good though is that as it costs companies more and more to outsource, maybe they'll set up some factories over here and we'll have minimum wage jobs again. That's a long term hope though.
Personally I love this economy and hate it at the same time. I hate seeing everyone get fucked now, but forex trading is very predictable. The possibility of a major breakout in any direction but down for the USD/ANYTHING is very weak. I've cashed in on it but I'm a rare case.