Quote:
Originally posted by SirMoby
US politicians tell voters that a weak dollar is good because it makes it easy to sell US goods and that is going to boost the economy. What they don't tell the voters is that less then 17% of the US economy is based on manufacturing and only a small portion of that is exported to Europe.
The good thing is that it makes it cheaper for European surfers to purchase a membership in US dollars We won't get into a discussion about inflation, which US voters will start to feel soon.
Of course if the US debt keeps going up and China and Japan stop lending us money then you'll get paid in Euros.
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I realize that it is horribly un-American for me to say this, but I'm not known as a great patriot anymore. Why the hell doesn't the rest of the world just gang up on us and bring us to our knees? Why not try some sanctions and trade embargos? Come on guys, you can do it! It would make the whole world a much better place.