[GodGunsGuts]

You are right. Hedging for now. But down the road, unless we fix our massive deficits, it could turn into a full-fledged route.

[kinoxi]

The depreciation of the dollar actually lowers our deficit in 'real value' comparatively. If someone owed you ten dollars ten years ago it would be worth more then (ten years ago) in real value due to inflation for instance. I don't approve of this numbers game BTW but it happens to be true.

The Euro's appreciation (dollars depreciation) has lowered any debt incurred at the beginning (strong dollar portion) of the cycle by a proportionate amount. A lower dollar also increases American manufacturer's competitiveness globally on average. It's kind of a double edged sword and historically speaking the Euro is too young of a currency to say whether this is normal or not.

[the invisib1e hand]

You are right. Hedging for now. But down the road, unless we fix our massive deficits, ...

funny, a lower dollar is perfect for that.

[Petronski]

...it could turn into a full-fledged route.

Maybe even a rout!