The Upside of the Declining Dollar
As much as the declining value of the dollar hurts the ol' pocketbook when vacationing overseas (or buying imported goods), it's worth remembering that a weaker dollar isn't all bad. It improves the competitiveness of US exports abroad. Check out this BBC article on the problems that (European, government-subsidized) Airbus is having competing against (American) Boeing, because Boeing's planes are now relatively cheaper.
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