On Mon, 25 Feb 2008 10:01:11 +0000, Mike.......
wrote:
>Following up to john_kulp@... (John Kulp) wrote:
>
>>>>Yeah, a strong Euro versus the dollar which makes US exports much more
>>>>competitive against European exports will really reduce US growth
>>>>won't it?
>>>
>>>weakness is strength!
>>
>>When talking about currencies, the term weakness is about as
>>ridiculous as it gets. If you think about it, having something
>>cheaper to sell at equivalent or roughly equivalent quality is an
>>advantage not a weakness. Just ask the Chinese. Why do you think
>>they keep their currency artificially weak if it is not an advantage.
>>Then go ask European companies how advantageous the "strong" Euro is
>>for their businesses and have them explain how it is helping them.
>
>whats amusing us is the way you look at it from whichever way makes
>the US seem good to you.
Well, be amused and then tell me the error of this analysis if you
can. That's just your xenophobic interpretation, btw. It applies to
every country and its currency equally. There is nothing unique to
the US about it. |