china says banish us dollar, page-44

  1. dacata
    7,973 Posts.
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    27/10/08
    13:19
    Post #: 4433379
    Strong US dollar = bad for US exporters, good for US oversea debt

    Weak US Dollar = bad for overseas debt, good for US exporters

    therefore, if the US actually starts MANUFACTURING things again, like they did in the 50's and 60's this will be good for there economy but US workers don't want to do that, they want to be investment bankers, paid megabucks and work in a office tower.
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    lightbulb Created with Sketch.  Great analysis
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