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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (19717)12/2/2003 3:57:40 PM
From: sea_urchin  Respond to of 81108
 
Phil > A weak dollar means the United States can export more to the European Union and elsewhere. The current account deficit reflects that the U.S. economy is stronger and consumes more per capita than any other economy in the world.

Unbelievable. The less you can import means the more you can export and because of your increased exports your economy becomes stronger and you can then import more than before. Therefore you may as well import more in the first place and since everyone knows you could have increased your exports had you wanted to you they accept that the more you consume means the richer you are.

They should change the name of the US to "La La Land".