peepinmofo Posted May 4, 2011 Share Posted May 4, 2011 http://www.examiner.com/finance-examiner-i...-euro-nears-150 Quote Link to comment Share on other sites More sharing options...
TimC Posted May 4, 2011 Share Posted May 4, 2011 The bills are coming due. It sure is fun charging them up getting everything you want, ain't it? Paying them off...not so much. Quote Link to comment Share on other sites More sharing options...
wiegie Posted May 4, 2011 Share Posted May 4, 2011 A depreciating dollar is not a terrible thing for the American economy right now (as it will boost our net exports). Quote Link to comment Share on other sites More sharing options...
CaP'N GRuNGe Posted May 4, 2011 Share Posted May 4, 2011 A depreciating dollar is not a terrible thing for the American economy right now (as it will boost our net exports). That's great, if American businesses start hiring workers here and not farm out increased production to overseas shops. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted May 4, 2011 Share Posted May 4, 2011 That's great, if American businesses start hiring workers here and not farm out increased production to overseas shops. Does a good made by a US company offshore and then sold to another country count as an export? Example: iPads sold in Europe. Quote Link to comment Share on other sites More sharing options...
matt770 Posted May 4, 2011 Share Posted May 4, 2011 The bills are coming due. It sure is fun charging them up getting everything you want, ain't it? Paying them off...not so much. Don't I know it. I've still got 23 payments left on my RealDoll, and she's all beat up already. Quote Link to comment Share on other sites More sharing options...
alexgaddis Posted May 4, 2011 Share Posted May 4, 2011 Don't I know it. I've still got 23 payments left on my RealDoll, and she's all beat up already. sorry, I was pretty drunk... Quote Link to comment Share on other sites More sharing options...
TimC Posted May 4, 2011 Share Posted May 4, 2011 Don't I know it. I've still got 23 payments left on my RealDoll, and she's all beat up already. Look at Mr. Fancypants. I'm so poor, I just have sex with duct tape nowadays. Quote Link to comment Share on other sites More sharing options...
wiegie Posted May 4, 2011 Share Posted May 4, 2011 Does a good made by a US company offshore and then sold to another country count as an export? Example: iPads sold in Europe. the only part that would count as an export to the US would be the value of the iPad actually produced in the US. If no components of the iPad are made in the US, then none of it would count as an export for the US. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted May 4, 2011 Share Posted May 4, 2011 the only part that would count as an export to the US would be the value of the iPad actually produced in the US. If no components of the iPad are made in the US, then none of it would count as an export for the US. So if the thing is completely manufactured in China and sold to a German in Europe, it doesn't count as a US export but (I guess) counts as a Chinese export, right? Kinda generates a slightly skewed view of exports, I think. Quote Link to comment Share on other sites More sharing options...
SEC=UGA Posted May 4, 2011 Share Posted May 4, 2011 Look at Mr. Fancypants. I'm so poor, I just have sex with duct tape nowadays. Don't you hate it when the glue from it builds up and then when you go from flacid to erect again you get that tearing of skin where the folds were while flacid? Quote Link to comment Share on other sites More sharing options...
wiegie Posted May 4, 2011 Share Posted May 4, 2011 So if the thing is completely manufactured in China and sold to a German in Europe, it doesn't count as a US export but (I guess) counts as a Chinese export, right? yes Kinda generates a slightly skewed view of exports, I think.I don't understand this comment. What is skewed about it? Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted May 4, 2011 Share Posted May 4, 2011 yesI don't understand this comment. What is skewed about it? Well, to use the prior example, the money paid by the Europeans for the goods, or some of it, winds up back with the parent company, doesn't it? It's not like China gets the whole profit, thus the export has value to both China and the US. Quote Link to comment Share on other sites More sharing options...
WaterMan Posted May 4, 2011 Share Posted May 4, 2011 History will remember corporations outsourcing because they don't want to pay more than 18 cents an hour. These minimum wage laws were just too tough to make a profit. Quote Link to comment Share on other sites More sharing options...
Deathpig Posted May 4, 2011 Share Posted May 4, 2011 History will remember corporations outsourcing because they don't want to pay more than 18 cents an hour. These minimum wage laws were just too tough to make a profit. Manufacturing jobs are minimum wage? I honestly have no idea, but that seems... suspect. Quote Link to comment Share on other sites More sharing options...
General Itals Posted May 5, 2011 Share Posted May 5, 2011 Look at Mr. Fancypants. I'm so poor, I just have sex with duct tape nowadays. Pffftttt, look at Mr. Big who can afford duct tape! I'll be just fine with my neighbor's knotty tree, thank you! Quote Link to comment Share on other sites More sharing options...
wiegie Posted May 5, 2011 Share Posted May 5, 2011 Well, to use the prior example, the money paid by the Europeans for the goods, or some of it, winds up back with the parent company, doesn't it? It's not like China gets the whole profit, thus the export has value to both China and the US. Just for clarity, the income flows you are talking about (i.e. dividends and interest payments) are added to net exports to get something called the current account balance. The current account balance is more important (and appropriate to look at for many purposes) than just net exports, but since net exports are by far the largest part of the current account balance for most countries (US included) people generally just focus on net exports. Quote Link to comment Share on other sites More sharing options...
wiegie Posted May 5, 2011 Share Posted May 5, 2011 Pffftttt, look at Mr. Big who can afford duct tape! I'll be just fine with my neighbor's knotty tree-branch, thank you! Quote Link to comment Share on other sites More sharing options...
Big John Posted May 5, 2011 Share Posted May 5, 2011 Quote Link to comment Share on other sites More sharing options...
Avernus Posted May 5, 2011 Share Posted May 5, 2011 So if the thing is completely manufactured in China and sold to a German in Europe, it doesn't count as a US export but (I guess) counts as a Chinese export, right? Kinda generates a slightly skewed view of exports, I think. doesn't the German in Europe have to buy those with USD? we win either way Quote Link to comment Share on other sites More sharing options...
wiegie Posted May 5, 2011 Share Posted May 5, 2011 doesn't the German in Europe have to buy those with USD? nope Quote Link to comment Share on other sites More sharing options...
Avernus Posted May 5, 2011 Share Posted May 5, 2011 also, if the credit ceiling has been raised by 5 Trillion (8%) and then somehow what happened in Japan is adding to our money supply as well, but I'm still trying to figure out how that even makes sense.... Quote Link to comment Share on other sites More sharing options...
Avernus Posted May 5, 2011 Share Posted May 5, 2011 nope so when one country imports something from another country, they don't use the reserve currency?.... Quote Link to comment Share on other sites More sharing options...
wiegie Posted May 5, 2011 Share Posted May 5, 2011 so when one country imports something from another country, they don't use the reserve currency?.... nope (they could, but they certainly don't have to and typically don't) Quote Link to comment Share on other sites More sharing options...
SEC=UGA Posted May 5, 2011 Share Posted May 5, 2011 Pffftttt, look at Mr. Big who can afford duct tape! I'll be just fine with my neighbor's knotty tree, thank you! Bees, Squirrels, Chipmunks and snakes like knot holes. Proceed with caution... or a great deal of vigor maybe you can kill them or render them unconscious prior to you being.... well... maimed. Quote Link to comment Share on other sites More sharing options...
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