[HUG ] Re: SV: Re: Dollar fall kills Hasselblad? (and Leica?)

I am no economic expert either but some of the effects are quite clear.
Loans to the US in foreign currency are increasing.
The prices of import goods are increasing to prevent that buyers
from other parts of the world buy in the US in stead of in their
own country.
Used goods in the US will be dead cheap to buyers from abroad.

In general this situation is not good for the Americans.
The USD lost its shine  as a trading standard and will be left in
favor of the euro.
All things considered this is not a healthy situation.
The US are spending money their grandchildren will have to earn.


----- Original Message ----- From: "Mark Rabiner" <mark@xxxxxxxxxxxxxxxx>
To: <hasselblad@xxxxxxxxxxxxx>
Sent: Tuesday, May 06, 2008 3:24 AM
Subject: [HUG ] Re: SV: Re: Dollar fall kills Hasselblad? (and Leica?)


Dieter,

 "For foreigners whose currency is stronger
 than the US dollar, it's a boon..."

- Sure.  So we have discovered.

- And for all the other people? Like some 300 million US consumers..? What
do the dollar fall mean to them...?

 "Just my two cents' worth..."

- Euro-cents....?

Tom of Oslo


Empathy well appreatate Tom!
But while we're talking about it as I'm interested and don't' know even
basic finance what DOES it mean to we US'ers here. Crumminess?

Mark William Rabiner
markrabiner.com



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