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stockcommander (99.26)

America is finally doing something right

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August 05, 2008 – Comments (1)

Exports are rising

Imports are falling

Tourism is growing

It's all because of the weak dollar. A strong dollar may cater to your pride, but the weak dollar is doing wonders for your economy.

1 Comments – Post Your Own

#1) On August 05, 2008 at 2:28 PM, Gemini846 (89.37) wrote:

It's good for trade yes. It's bad for domestic growth since we're so dependant on oil. If we didn't have to buy so much oil from overseas then we all could celebrate.

 Example: I sell a $10 on eBay with $20 shipping domestic and $40 shipping to Australia.

The Australian guy says.. so cheep can I get 2. The guy 1 state away complains the shipping is too high. I'm just glad I have a lot of repeat business over seas.

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