Please only answer if you have travelled to Europe or Japan.
It is embarrassing and depressing that the dollar is so worthless.
2007-03-16 02:18:53 · 8 answers · asked by james B 3 in Politics & Government ➔ Other - Politics & Government
Sane- I get my information from travelling twice a year to those places and seeing how little my money buys, where do you get your "information"?
I asked for people who travel to those places ONLY to answer...
2007-03-16 02:32:35 · update #1
The dollar has been decreasing in value since 9/11. Most econonmists blame deficit spending.
2007-03-16 02:32:18 · answer #1 · answered by Anonymous · 2⤊ 1⤋
Unemployment in the u . s . motives people to record financial disaster, some could have their residences circulate into foreclosure. The banks and economic establishments lose money. much less production is the effect. the completed united states of america loses. Blame it on deregulation, jobs being sent foreign places, OPEC, wars in the midsection East. all of it has a snowball effect. Like dominos, employer circulate under, some are forced to merge. It in basic terms gets worse. This blended with the themes in Greece and the Euro tend to devaluate the USD and the Euro. whilst this occurs,the Philippines additionally suffers. So, confident, it extremely is undemanding economics. all of us could be bothered. A 3 hundred and sixty 5 days in the past the USD replaced into forty seven to one million Peso. Now it extremely is fluctuating from forty 4 to forty 5 to one million. i'm ok even in spite of the shown fact that it must be extra effectual. If foreigners can not purchase as plenty in the Philippines, then the Philippines loses. It relies upon on tourism, OFWs, and ex-pats. have self assurance it or no longer.
2016-10-02 05:27:52 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Americans don't seem to care, so let it rain, let it rain, let it rain! :-)
Sane you are insane. Trust him, if you go to Europe, the dollar aint stronger than Euro dude, and it does not buy what a Euro buys. I know you've read the eco101 text book from cover to cover but sometimes you gotta step out of the basement and actually live it.
2007-03-16 02:24:50 · answer #3 · answered by huckleberry1 3 · 2⤊ 1⤋
America is suffering for there protectionist laws that do not encourage investment. its been seen as insular in many ways. Asia etc are actively encouraging foreign investment and welcoming it with open arms. unless the USA comes into the 21st century. her economy will only go one way
don't shoot the messenger, facts are facts whether you like them or not
2007-03-16 02:25:13 · answer #4 · answered by bruce m 3 · 0⤊ 2⤋
The dollar since Bush took office has been stronger than foreign currencies for longer periods of time than any other currency. Where are you getting your faulty slanted data?
2007-03-16 02:27:36 · answer #5 · answered by Sane 6 · 0⤊ 4⤋
Why don't you travel to Mexico, or India instead.
You can be a millionaire there!!!
2007-03-16 02:23:40 · answer #6 · answered by Anonymous · 1⤊ 1⤋
Are you suggesting that one is related with the other? Or are you baiting us? You guys are so transparent.
2007-03-16 02:20:46 · answer #7 · answered by H.C.Will 3 · 1⤊ 1⤋
our huge debt
2007-03-16 02:22:22 · answer #8 · answered by Gypsy Gal 6 · 2⤊ 2⤋