Well, first off, I'm no accountant or stock market guru but I may be able to answer a few questions as to why the dollar is much weaker than some competitive currency. Lets take China for example—Its really pretty simple.....We have had children in China (and other Asian countries) slaving in sweat shops for years, being paid pennies to make our overpriced sneakers. So now, come to find out, those kids are all grown up....hmmm, who would of thought? Anyway, they saved the pennies that we gave them, which then turned into dollars and so on and so on, all while learning the value of hard work. What we have here is called a conundrum, I think. Because now we borrow billions from the Chinese, partially I'm sure the pennies we paid them.
Whilst Chinese kids were learning the value of hard work and saving their pennies American kids needless to say were getting fat and dimm witted. So the currency stronghold has shifted and America is left wallowing in its stupidity..... hey America, I have a good idea..... why don't you outsource jobs to India?! That would be great. All the economic problems will be solved! Hoo Ray!! And then the Indians could have stronger currency than the US as well. I know what your thinking..... That outsourcing helps open up more jobs at home. Well, look around you! Systems look good on paper, the world does not.... such as this outsourcing macro-economic ideal that is supposed to save our economy by taking the jobs out.....not a chance. The power of the worker is in the workplace and we are running short on workspaces.
How about re-evaluating the typical American person and start reteaching them how to be responsible, strong adults and not fat, lazy, sue happy peices of shit. A little hard work goes a long way. And remember this when you hand out pennies to kids in sweat shops....... Even a feather gets heavy if you hold long enough. Same principle applies to money.
Mulchfire!
