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 government is relying on a weak dollar to boost exports and decrease import...yet a weak dollar will make anything built in USA too expensive which will trigger an increase on imports...thats what some economists and politicians are missing...on the other hand weak dollar might increase USA debt...there are many factors involved and it seems no one is looking at them...USA wants China not to rely on exports yet USA wants to rely on exports ... Oh well
The government is relying on a weak dollar to boost exports and decrease import...yet a weak dollar will make anything built in USA too expensive which will trigger an increase on imports...thats what some economists and politicians are missing...on the other hand weak dollar might increase USA debt...there are many factors involved and it seems no one is looking at them...USA wants China not to rely on exports yet USA wants to rely on exports ... Oh well
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