I am a regular "Joe" may be not a plumber but a regular average next door guy who is concerned with USA economy. Currently underemployed and with a $ 250 000 in student loans and with a bankruptcy filed not long time ago my passion for the state of the economy arouse ... My purpose is to gather information from different journals and or blogs and help those fellows americans interested in the economy have a broader perception of what really is happening.
The pound is getting weaker and it is seeing as a possible incentive to lure other countries into buying their products...the problem is that all the other countries are in Europe as well and they are experiencing economic problems too... My opinion: While the dollar is getting strong this could bring some problems: more expensive products ashore; the yen is getting stronger which means products from Japan will be more expensive than other years..while China wants a weak renmibi all countries want the opposite for it yet all the countries want a weak currency for themselves... Go figure
The pound is getting weaker and it is seeing as a possible incentive to lure other countries into buying their products...the problem is that all the other countries are in Europe as well and they are experiencing economic problems too... My opinion: While the dollar is getting strong this could bring some problems: more expensive products ashore; the yen is getting stronger which means products from Japan will be more expensive than other years..while China wants a weak renmibi all countries want the opposite for it yet all the countries want a weak currency for themselves... Go figure
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