You all just keep dreaming that this is good for you.
Hey, if you owe money, does not a discounted dollar mean a discounted payment, principal?
Ask Airbus how they feel about their “strong” currency. You can already hear the foreign govts screaming unfair/foul at the fed policy that is creating this weak dollar...
Yes, there are some drawbacks, but the big one, spiking costs of borrowing, are not in the mix right now.
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Sorry, but I ain't dreaming. It's GREAT for me. I work for a manufacturer. Prior to this year, we did about 30% of our business overseas. This year, our domestic business is about flat, but we're way up overall because international orders are THROUGH THE ROOF. Thanks to the declining dollar.
Seriously...we introduced no new products this year. The entire surge is directly attributable to the dollar decline.
SINK, DOLLAR, SINK!!
Hank