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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (11476)11/28/2007 7:33:44 AM
From: John Carragher  Read Replies (1) | Respond to of 25737
 
weak dollar does have its benefits , exports keeping us out of recession, we are more competitive vs eu. eu coming here to shop and invest. Stay in America and spend your money vs trip to eu.



To: GROUND ZERO™ who wrote (11476)11/28/2007 8:41:57 AM
From: DuckTapeSunroof  Read Replies (2) | Respond to of 25737
 
"I agree, the weak dollar is going to spell trouble for us down the road, and it has already started... actually the dollar may have hit a bottom here, we'll see..."

The larger problems are the twin deficits, ongoing federal over-spending and decrepit tax system... the dollar is just a symptom.

(And, yes, I too expect a bit of a rally for the buck sometime into '08... before it returns to the downward path. It's over-sold a bit right now, but that's only temporary.)