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Originally Posted by Soriak  Not like they can keep those manufacturing jobs anyway, even if the dollar loses another 50% of its value. A weak dollar shouldn't even boost exports that much if you consider that most items from the US I've seen are priced seperately in other markets. Movies and software are prime examples (if only because their manufacturing cost is nearly nothing), but it applies to game consoles and other hardware also.
Sure, people might instead choose to import the stuff from a US retailer, but it seems nearly impossible to find one that actually ships overseas and doesn't just offer some $50 express delivery for a $60 item. |
I wouldn't be so fast on this.
Many US companies have completely closed their Canadian call centers due to the weak dollar. Additionally, if the USD loses another 50% of its value, as you used in your example, it would be cheaper to manufacture here than most places in the world at that point, when you consider quality of product.