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To: Haro_546
A falling dollar may be a bad day for the Europeans but it is economic disaster for Americans.
18 posted on 11/24/2004 10:07:17 AM PST by pete anderson
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To: pete anderson

Why? Our exports are cheaper and helps cut the trade defeceit.


22 posted on 11/24/2004 10:11:45 AM PST by Haro_546 (Christian Zionist)
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To: pete anderson
A falling dollar may be a bad day for the Europeans but it is economic disaster for Americans.

Not necessarily. It makes imports from Europe to the US expensive, hence cutting consumption of European goods.

It makes US goods in Europe cheaper and therefore more competitive. That increases consumption of American goods overseas.

It increase tourism to the US from Europe and cuts US tourism to Europe.

47 posted on 11/24/2004 11:08:26 AM PST by PajamaTruthMafia
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