Re: US DOLLAR CRASHING. DUMP IT QUICKLY1

We still make some things here.  Steel  and autos are a
couple of examples.  It's true more and more companies are
using wage-slave labor in others countries but the dollar
losing value would have a minimal effect....so they pay $10
a day vs. $5, big deal.  It also means that foreign goods
are more expensive so it will make a person think twice
about buying a BMW vs. a ford or chevy.

mrmike



"Ohia" <[EMAIL PROTECTED]> wrote:

>
>"kilometric" <[EMAIL PROTECTED]> wrote in message
>news:[EMAIL PROTECTED]
>> US dollar crashing would be good for US export companies, since a
>> lower currency will price their goods lower.
>>
>> Companies like Dell, 3M, IBM, HP and Motorola would benefit from US
>> dollar crashing.
>>
>> In addition, US equities would be cheaper too, maybe its time to buy
>> more stocks.
>>
>Hardly, most of their components are manufactured overseas.  The US doesn't
>make anything anymore.  It's a service economy running on credit.
>