Stuck in quagmire, Fed likely won’t raise rates

[fj45lvr]

I live in Australia.

MADE IN USA means something here.

They don't make many goods but there are American "commonwealth" factories that produce goods that say "made in USA" though they are not made in the states and are using imported asian laborers working for around $2 an hour.

 

[Ozwest]

They don't make many goods but there are American "commonwealth" factories that produce goods that say "made in USA" though they are not made in the states and are using imported asian laborers working for around $2 an hour.

This is true of almost all manufactured goods.

When making sizeable plant and machinery purchases I choose carefully.

"Case" construction equipment is a great U.S. manufacturer, and "Cummins" motors are superior to equivalent Japanese products.

 

[anaconda]

Sorry, what do we export again?

About $800 billion or so, I think. A variety of stuff. Capital equipment, agriculture, autos, and on and on.

 

[Dr.3D]

The U.S. exports inflation.

Sorry, what do we export again?

We export inflation.

Feb 01, 2008 - 02:32 PM
By: Adrian_Ash
http://www.marketoracle.co.uk/Article3573.html

And as the world's stock markets have tumbled this month, the central banks of the Philippines , Malaysia and Turkey are also rumored to have stepped into the open market, dumping their own currency and buying the US Dollar in a bid to support it and thus keep their export-economies cheap to foreign customers.

Put another way, as Benn Steil of the Council of Foreign Relations said at a recent meeting (or so the Washington Post reports), "the United States is exporting inflation worldwide" by forcing these sovereign nations to print up mountains of their own currency with which to buy the ailing greenback.