Sorry, I didn't wear my rose colored glasses today. There are definite benefits to a weaker American dollar for me, but I don't want to see it devalued out of sight any more than you do because you're right about the sneezing analogy, which I did allude to in my post. It's a given that pretty much every other developed country will get hit hard, and yes, the one I reside in will too. I doubt if any nation will be hit as bad as the states though, and I doubt that most other nations will take as long to recover.
Just to be clear, I'm not sitting up here in Canada gloating or laughing at you or your country. I think that many economic policies in my own and other countries around the world are short sighted and I'd be saying the same thing if I was a flag waving citizen of your country. The only reason that I am posting on U.S. policy is that nobody here probably cares to discuss Canadian economic policy because it doesn't have the ability to rock the world.
A couple of yrs ago I would always quote projects for my overseas customers in U.S. dollars. All of my competitors did too. Many people and businesses had an American money bank account. Nobody does anymore for obvious reasons. You can ignore the downward dollar trend and keep trying to save those constantly devaluing American dollars, or you can diversify into something else until the bleeding stops.
