Thread: The Dying Dollar
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Old 05-22-2006, 11:34 AM
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cygnus cygnus is offline
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Default Re: The Dying Dollar
Quote:
Originally Posted by trailblazer
Which would be fine if there were still a significant manufacturing base in this country; unfortunately, it's nearly all migrated across the Pacific.
Thats actually a fallacy. While we are no longer an industrial manufacturing economy like we used to be we are still manufacturing about 80-90% more today than we were almost 20 years ago.



The US is persistantly a net exporter of services, a weaker dollar should only make that stronger. The weaker dollar has also propelled more domestic manufacturing to reduce currency risk. This is why you have BMW's made in Spartanburg NC, and tons of toyota, honda and kia manufacturing plants in the US.
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