Do you think the dollar is a strong currency and will recover from it's weak moment?
by 
devil is back
ANSWERS: 1
-
Not until the underlying weakness of America spending more than it earns is changed. There is nothing inherently weak in the US economy, but Government is on a spending splurge (Iraq etc), and consumers are not pulling in their belts to match. You cannot have free-spending consumers and a free-spending government without generating to many overseas dollars, which depress the dollar exchange rate.
RELATED QUESTIONS
Copyright 2023, Wired Ivy, LLC