To: DeaconBenjamin
Damn insourcing at work again.
To: TheThirdRuffian
Damn insourcing at work again. If the dollar keeps dropping, we'll be cheaper than Mexicans.
11 posted on
12/03/2007 5:51:47 PM PST by
Doe Eyes
To: TheThirdRuffian
The ebb and flow of exchange rates and the adjustments that business makes because of changes in the relative purchasing power parity tends to be a very slow, long-cycle, phenomena. Quick-thinkers, not to mention easily excited doomsters, tend to look at some shifts and conclude that the economy is headed for the dumper when in reality the reaction to the shift takes a while to ramp up, even longer to get into gear and the result may take a few years to have any visibility. But the result will come in time.
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