[threadbear]

$this->bbcode_second_pass_quote('SILENTTODD', 'T')he biggest dead weight on the import side of the American import/export scale since the early 1970’s has been Oil.

America would have had export excesses for almost every year of the last 40 if not for the cost of imported Oil.

Further decline in the value of the dollar only makes the Oil tab grow larger. Exporting more requires more Oil, so there is no way the U.S. can export its way to a surplus again, not with the current American profligate use of Oil for cars and frivolous travel we have become so accustomed to.

[Iaato]

$this->bbcode_second_pass_quote('aflurry', 'i')s there a technical difference between recession and depression? or is it just a matter of degree with the crossover only vaguely defined?

[KevO]

Airbus look like they're about to drop the dollar.
The first of a landslide?

$this->bbcode_second_pass_quote('', 'T')he head of European aerospace company EADS has given his strongest indication yet that some Airbus manufacturing will be moved outside Europe.

"We don't have a choice," its chief executive Louis Gallois told Europe 1 Radio, describing dollar weakness as "our main problem".
"There is a deep crisis afflicting a certain number of industries that is due solely to the fact that the Americans are following a policy that will mean a never-ending decline in the dollar," Mr Gallois claimed.
There is some suspicion in European industrial circles that Washington authorities are not particularly concerned about the falling dollar because it makes US exporters more competitive.

[Kingcoal]

Mr. Gallois is asking for political help and I can't blame him. He’s hoping that the EU central bank will cut interest rates. Airbus can't just "drop the dollar" because their biggest competitor loves dollars. Now if he could persuade Boeing to demand Euros, that would be a different story.