.. in the EU, it is precisely the opposite in almost all those fields....

"Surprise? According to the New York Times, ?In July 2001, Paul McCulley, an economist at Pimco, the giant bond fund, predicted that the Federal Reserve would simply replace one bubble with another. ?There is room,? he wrote, ?for the Fed to create a bubble in housing prices, if necessary, to sustain American hedonism. And I think the Fed has the will to do so, even though political correctness would demand that Mr. Greenspan deny any such thing.? As Mr. McCulley predicted, interest rate cuts led to soaring home prices, which led in turn not just to a construction boom but to high consumer spending, because homeowners used mortgage refinancing to go deeper into debt. All of this created jobs to make up for those lost when the stock bubble burst. Now the question is what can replace the housing bubble ?"

Mikey always puts it best... short and to the point.

hey, i need my toilet paper!

It's Wal-Mart's fault... has to be!

People just like to hate America these days, its become fasionable.

But will stupid fuck foriegners stop crying to Americans when ever some little bullshit is happening in the world?

The answer is no they won't. They cry about Iraq, they cried about Kosovo, they snivel about Africa...
They simply do not got the ball's to go in and get shit done.
Where are the worlds army's to stop ethnic cleansing in Africa?

Oh yeah thats America's job once again.

In relation to the dollar, one would think they would be pleased it's stabilizing other economies. Amrica my own fucking country has more companies and business globally than any other nation, we fucken put food ont he god damn table for the poor countries that tout cheap labor.

Yet no problem for them to take the money we put into the world where America has created jobs, countless jobs since OUTSOURCING has devastated American jobs on the mainland.

Still ya goto hate Americans, I really can not wait till we get an isolationist president that will bring jobs back to America. Then we will see who is rich and who is poor and who will die as America minds it's own business.

Bush is the problem.

Sorry for you luck, but the dollar works great over here. I go to the store, and things cost the same, gas prices are going down, and shit, even weed has gone down in price. Guess your in the wrong nick of the woods!

Can/US closing 1.0014 0.9948

.

Kinda myth man - considering the US imports more than it ever exports and these imports are being paid for by a currently weak dollar - this is costing more dollars and will cost the end user/consumer more.

That is why a weak dollar isn't bad for Americans. It lowers imports, increases exports, and brings more jobs into the US. The dollar was overvalued for awhile here, things are starting to even out.

Well... if you want to pay with a weaker dollar, of course it costs more in actual real value - manufacturers in other countries are not interested in quoting weak dollars - hence it will cost more for imports.

It sure as hell has no hope of "lowering imports" - imports continue to cost stupid levels and totally unsustainable. That is one of the major core problems with the US economy at this time and reflected in weaker dollar value.

Exports in theory should work - the only problem with that is there is little to export - it's mainly imported and consumed on credit.

It may be worth mentioning the US has never had a trading surplus for almost 40 years and has gradually built a staggering international debt - the economy is unreal and totally unsustainable. The core problem for the weak dollar is debt - volumes of it and little prospect of repayment on the horizon.

It will be a few decades before anything evens out - assuming there was a desire and ability to even address that. Meanwhile, bets on, it will get far worse before it gets any better.

Another right wing nazi who thinks spitting out insults will help prove a point he doesn't have..