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Gold/Mining/Energy : A to Z Junior Mining Research Site
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To: Jim Willie CB who wrote (3579)3/4/2003 5:07:16 PM
From: Sawdusty  Read Replies (2) of 5423
 
"so what if your exports to US customers cost more?
from 1988 to 2001, the US exporters suffered the same fate
big deal, not as large a punitive situation as you make it"

You may have difficulty explaining that to the people who lose there jobs in manufacturing. A strengthening dollar makes us less competitive in an environment where the US accepts no price increases.

It will however benefit the Chinese, as large US corporations increase their level of business with China even more.

That is a fact.
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