Re: WTF US DOLLAR JESUS
[ QUOTE ]
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.
[/ QUOTE ]
Yup and it means that all the manufacturing companies in Canada who export to the U.S. are suddenly panicked by the strong Canadian dollar. We just lost our competitive edge....
|