Posted on December 29, 2008 by Joe
… a weak dollar is a good dollar. Makes our exports more desireable.
From Yahoo, linked back to the page.
Really, we need that dollar lower. Makes exporters happy.
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That’s only against the Pound. Check out our trade surpluses (http://www.census.gov/foreign-trade/statistics/country/index.html) and compare those currencies. Hint: United Arab Emirates, Singapore, Hong Kong, Netherlands, Belgium, Australia.
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