Re: thinktank says US will owe $100 billion
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You know nothing about economics, obviously.
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Only macro and micro economics at university level, a quite bit beyond the 101 stuff you get in college.
So I guess that you teach post grad economics? Or hold a doctorate in economics? Or?
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You lamented that the weakening dollar will hurt the United States' ability to export. It's the opposite. When the dollar is weaker, that means other currencies are stronger. Thus, other countries, as well as their businesses and residents, can afford to buy more U.S. goods and services. Thus, U.S. exports increase and the trade deficit shrinks. Of course, there are negatives to a weaker dollar, but it's not all bad.
If I'm completely wrong, I will not take offense to being corrected. [img]/images/graemlins/wink.gif[/img]
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I don't think it was the weakening dollar he was refering to...I think it was the, "Oh, um...we need to cancel our original order of 6,000 and we'll only need copy of (Invincible/MS Vista/Guitar Heroes 3/etc) thanks."
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