.... US companies operating in Asia will find that it costs
more... it will be less attractive for them to outsource overseas
compared to manufacturing the goods and services in the US or US
currency pegged countries.
... the goods manufactured outside of the US will cost more and
it will be less attractive to buy foreign goods compared to locally
US produced goods.
good insight, true, the US of A is in recession, tho they claim
that they are near recession but actually they are in recession, as
the nos 1 economy in the world with the best consumers, the
recession shall hit even asia and other part of the world in no
time.
The mortages and credits from overspending is one of the culprit
whereby most are unable to pay back and simply declared
bankrupt.
now our sing is $1 to 1.3...US dollars only
