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Old 11-09-2007, 12:34 PM
TheMuppet TheMuppet is offline
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Join Date: May 2006
Posts: 304
Default Re: WTF US DOLLAR JESUS

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You all realize that a weakening dollar actually helps US based companies, right? Because products made here are now cheaper relative to products made in places whose currencies are killing ours. Its like everyone who borrowed from or lent to us (that is, everyone outside the US with US currency or holding US debt) is getting shafted. The only down side is foreign products cost relatively more, and there are a lot of products that are no longer manufactured here at all. Also, for you foreign travelers it sucks, but that sadly does not affect me right now.

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Uhmm you do realize that you owe money to pretty much everyone? (Bush spending like there is no tomorrow + gigantic trade deficit).

A lot of that debt is in euro / yen / etc, so your loans get bigger right now (measured in US $).

And you don't really produce anything anymore. As it is you have a gigantic trade deficit, and this wont help one bit.

The only good thing you have going for you right now, is the fact that Bush can't be reelected. Basically your going bankrupt (actually your already there, you just don't realize it yet).
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