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*~1Best~*

09/13/07 7:33 PM

#108119 RE: ajtj99 #108113

Hi AJ, true that certain areas will attract more tourists such as Grand Canyon.

By the way, NICE NAME CHANGE.

I like it.

Good luck


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Weak $USD will encourage tourists... Entire US could be like the state of Florida? Jammed with tourists?

Have to hunk them to move forward even after turned on green light.


'


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USD

Strengthening Dollar
Advantages

* Consumer sees lower prices on foreign products/services.
* Lower prices on foreign products/services help keep inflation low.
* U.S. consumers benefit when they travel to foreign countries.
* U.S. investors can purchase foreign stocks/bonds at "lower" prices.

Disadvantages

* U.S. firms find it harder to compete in foreign markets.
* U.S. firms must compete with lower priced foreign goods.
* Foreign tourists find it more expensive to visit U.S.
* More difficult for foreign investors to provide capital to U.S. in times of heavy U.S. borrowing.



Weakening Dollar
Advantages

* U.S. firms find it easier to sell goods in foreign markets.
* U.S. firms find less competitive pressure to keep prices low.
* More foreign tourists can afford to visit the U.S.
* U.S. capital markets become more attractive to foreign investors.


Disadvantages

* Consumers face higher prices on foreign products/services.
* Higher prices on foreign products contribute to higher cost-of-living.
* U.S. consumers find traveling abroad more costly.
* Harder for U.S. firms and investors to expand into foreign markets.






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jdaasoc

09/13/07 8:44 PM

#108125 RE: ajtj99 #108113

Cheap dollar - expensive Yuan

I've been keeping mental price of your basic 17" LCD monitor. It has gone up from about $135-140 to $155-160 while the yuan has risen similar %.

Chinese goods are going to continue to rise as long as our dollar weakens.

PS latest gas price $ 2.39

PPS Economy in US is slowing. I talked to truck dealer who is terminating his realtionship with manufacturer because sales are so slow. He is laying of abot 1/2 his employees as he concentrates on other truck brand and more repair work.