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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#51 |
So Fucking Banned
Join Date: Jun 2007
Posts: 2,036
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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.
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#52 |
Confirmed User
Join Date: Jan 2005
Location: Chicago, IL
Posts: 8,452
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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.
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#53 |
So Fucking What
Industry Role:
Join Date: Jul 2006
Posts: 17,189
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__________________
best host: Webair | best sponsor: Kink | best coder: 688218966 | Go Fuck Yourself ![]() |
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#54 | |
So Fucking Banned
Join Date: Jun 2007
Posts: 2,036
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Quote:
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. |
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#55 | |
Confirmed User
Industry Role:
Join Date: Mar 2006
Posts: 1,079
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Quote:
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