| Talkback | |
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Title: | #14 V Hardman putting to much emphasis in the $US | |||
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| Name: | Chris Linthwaite | | |||
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| If the United States goes into recession, nobody will be buying anything anyway. The Euro zone will trade with China and Russia in Euros and freeze out the United States ignoring it`s currency. Trade with the US is not as important as it was. Emerging markets in the Far East and former Warsaw Pact countries, will more than tide over Europe. If producers do not get value from the dollar they will demand payment in other currencies, as Venezuala and Iran have done. More will follow suite. Yes the Dollar`s weakness makes American products cheaper, but it also makes other countries products worthless in dollars. Watch and learn from Northern Ireland. |
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