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  • When Will the US Depreciate the Dollar

    From ltlee1@21:1/5 to All on Sun Mar 23 18:40:13 2025
    The US dollar is grossly overvalued. It could not improve
    non-competitiveness in manufacturing without devaluing the dollar.

    "Economics > US Trade Deficit by Country 2024

    Import Export US Trade Balance Total Trade
    China $270.4B $401.4B $131B $-270.4B $532.4B
    Mexico $157.2B $466.6B $309.4B $-157.2B $776B
    Vietnam $113.1B $124.8B $11.7B $-113.1B $136.5B
    Ireland $80.5B $95.8B $15.3B $-80.5B $111.1B
    Germany $76.4B $146.7B $70.3B $-76.4B $217.1B
    Taiwan $67.4B $106.2B $38.7B $-67.4B $144.9B
    Japan $62.6B $135.8B $73.2B $-62.6B $208.9B
    SouthKo $60.2B $120.5B $60.3B $-60.2B $180.8B
    Canada $54.8B $377.2B $322.4B $-54.8B $699.6B
    Thailand$41.5B $57.7B $16.2B $-41.5B $73.9B
    India $41.5B $80.1B $38.6B $-41.5B $118.8B
    Italy $39.7B $69.9B $30.2B $-39.7B $100.1B
    Switzerl$25.5B $49.2B $23.8B $-25.5B $73B
    Malaysia$22.1B $47.7B $25.5B $-22.1B $73.2B
    Indonesia$16.4B $25.6B $9.2B $-16.4B $34.8B
    France $15.1B $55B $39.9B $-15.1B $95B
    Austria $11.8B $16B $4.2B $-11.8B $20.2B
    Cambodia$11.4B $11.7B $294.6M $-11.4B $12B
    Sweden $8.8B $16.5B $7.7B $-8.8B $24.3B
    Hungary $8.3B $11.2B $3B $-8.3B $14.2B..."

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From A. Filip@21:1/5 to ltlee1@hotmail.com on Sun Mar 23 20:50:51 2025
    ltlee1@hotmail.com (ltlee1) wrote:
    The US dollar is grossly overvalued. It could not improve
    non-competitiveness in manufacturing without devaluing the dollar.

    "Economics > US Trade Deficit by Country 2024

    Import Export US Trade Balance Total Trade
    China $270.4B $401.4B $131B $-270.4B $532.4B
    Mexico $157.2B $466.6B $309.4B $-157.2B $776B
    Vietnam $113.1B $124.8B $11.7B $-113.1B $136.5B
    […]

    Is it a problem *for PRC* ?

    --
    A. Filip
    | "The chain which can be yanked is not the eternal chain."
    | (G. Fitch)

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From ltlee1@21:1/5 to All on Mon Mar 24 10:22:14 2025
    Is a competitive America a problem for the PRC and/or the world?
    Not at all.

    Rather, a non-competitive and rapidly declining America is a threat to
    China as well as the world.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)