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Re: Is anyone paying attention?
Quote:
Originally Posted by Schneed10
But economically speaking, there's a very positive flipside to this. As our currency gets weaker, the currency of other nations gets stronger. Overseas investors tend to ramp up investment in our businesses when they know their Euros can buy more shares. This investment helps our companies raise cash, which is especially good for the financial companies in these post-subprime times. Our companies then put the cash to good use and generate returns, and before you know it our dollar will be strengthening again.
It's all a part of the business cycle.
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Lufthansa just did that with JetBlue. Never would have happened without the weak dollar.
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