Refuting All I Thought about the American Economy

I beat on the US a lot, because, well, they're an easy target and I'm lazy. One of my favourite concerns about them is the cost of their invasion addiction, especially to the people in their country who cannot emigrate to a country with more opportunities for the middle and lower class.

I've read an article which suggests that there's a few people over there with some intelligence about these things. They're doing good by doing, well, nothing.

BBC NEWS | Business | Dollar declines as US keeps quiet:

The US dollar has continued to slide against the yen and euro amid speculation that the White House wants a weaker currency to boost exports.

What? What's the point of that? Read here:

While a weaker US dollar may be good news for US exports, it is having a knock-on effect in other markets.

Share prices in the US, Europe and Asia have been hit over the past couple of sessions as investors worry about lower earnings at exporters like Sony and Toyota, whose goods could become more expensive in the US.

So, Trebeck, you rogue, you show your hand at last.

But it's not all fun and games: they're playing it very risky:

And a lower dollar could increase US inflation and make it more likely that the US Fed continues to raise interest rates, which are already at 5%, reducing growth prospects in the US.

If they're gonna make this work, they need to start tossing some loss-leader money at the manufacturing biz they sorely need to grow. With tape players at an all-time high, the cost of entry for a new enterprise can get offset by better sales. It's a massive gamble, really, as to whether they can continue the play and end up leveraging their own economy mini-disaster to their own advantage.

While I'd feel a bit vindicated if they failed, I'm really thinking about the millions without education, medical care or, really, hope. For their sake, I hope this hokey plan succeeds before it drives them all into bankruptcy with the higher costs of .. everything.