The dollar's nosedive: a problem for the whole world

AntEater · 12-05-07, 08:27 AM

Well, if the cheap dollar attracts industry back to america, the problem might solve itself.
More industry, more things to export = less trade deficit, more jobs, less consumber debts.
Maybe one day america will make a living by exporting cheap consumer goods to china.
:rotfl:

The only thing that needs to be solved is to find another international monetary system, maybe one based on serveral competing currencies (Euro, Ruble, Yuan and Yen, maybe)

12-05-07, 08:27 AM	#19
AntEater Grey Wolf Join Date: Apr 2005 Location: Germany Posts: 936 Downloads: 0 Uploads: 0	Well, if the cheap dollar attracts industry back to america, the problem might solve itself. More industry, more things to export = less trade deficit, more jobs, less consumber debts. Maybe one day america will make a living by exporting cheap consumer goods to china. :rotfl: The only thing that needs to be solved is to find another international monetary system, maybe one based on serveral competing currencies (Euro, Ruble, Yuan and Yen, maybe) __________________