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To: Live free or die
"Just a question from an economics novice: I was wondering if this weakening dollar wasn't a minor blessing in disguise.

Is it possible that with a weak dollar, American exports and unprofitable companies and businesses will be more attractive to foreign investment and purchase?

IMHO you are correct. And everyone who controls some aspect of US economic governance knows it too - even created the situation. IMHO the point is to get every possible US economic advantage out of the lower dollar for as long as possible. (Isn't China doing this too, but by keeping it's currency undervalued?)

24 posted on 11/17/2007 4:57:39 AM PST by LZ_Bayonet (There's Always Something.............And there's always something worse!)
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To: LZ_Bayonet

bzzzzztt..... (Game show wrong answer buzzer)

We have been sold on the “global economy”

We can’t even make a widget without buying some specialty widget screws made in Sri Lanka or whatever.

It would take a decade at least to unravel these ties to make American manufacturing more competitive.


33 posted on 11/17/2007 5:38:38 AM PST by djf (Send Fred some bread! Not a whole loaf, a slice or two will do!)
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