Originally Posted by
Blueridger
...the worst is the declining dollar value which is pulling foreign investments away from the U.S.
Hey, the weakening dollar makes foreign investments more attractive because things get cheaper here because the relative value of other currencies goes up... the weakening dollar is why Europeans love flying to the US on vacation because it is cheaper to come here now. Just like when the the "Peso" in Mexico goes down... We invest more there since it is cheaper to vacation there, buy products, property, build, etc... So foreigners love the low US dollar because they can come and buy (whatever little hasn't been bought already) cheap. Check your facts...