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WCGreen's Journal
Posted by WCGreen in General Discussion: Presidential (Through Nov 2009)
Sat Oct 17th 2009, 02:02 AM
What you are seeing is the equalization of currencies all through out the developed and developing world.

One of the main reasons that so much industry located off shore was because the dollar was so strong compared to all the other currencies that no one could afford to buy exported consumer products made in the US of A.

Now, US exports can start to compete at least in the more developed economies across the globe.

It will also be cheaper for brands from over seas to start locating their manufacturing and distribution centers in the US geared toward the US market.

It's going to get awfully expensive to ship even on the cost effective super container ships.

What we are seeing is the equalization of the market place.

Just because the dollar is losing value, that doesn't necessarily mean the US is going to suddenly devolve into Germany of the late 1920's.


Have at it, this is probably going to be my last post for awhile. I need to head off to the hospital to fight off a nasty infection developing in my damaged lungs...

I have always enjoyed my time at DU and it has gotten me though a whole lot of personal pain and anguish. This place is therapeutic for many of us and keeps those of us with limited access to the outside world a chance to stay in touch. I want to sincerely thank all of you here on DU...

Peace out. See you on the other side...
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WCGreen
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