@ dumb caps lock guy the problem with your theory is that America does WAY more importing than exporting. Not much is actually manufactured here in the US anymore. Electronics, textiles, etc have all moved to foreign, cheaper soil. So basically we have a weak dollar that we are using to pay for imports from countries that have stronger currency.
anyways you look at it, its not good for our economy for our currency to be this weak on the global market.
Reader Comments (Page 1 of 1)
RyanTV @ Sep 26th 2007 12:47AM
@ dumb caps lock guy
the problem with your theory is that America does WAY more importing than exporting. Not much is actually manufactured here in the US anymore. Electronics, textiles, etc have all moved to foreign, cheaper soil. So basically we have a weak dollar that we are using to pay for imports from countries that have stronger currency.
anyways you look at it, its not good for our economy for our currency to be this weak on the global market.