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Old 06-09-2008, 05:35 PM   #25
ylopony
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Re: $5.00/gal Comming Soon Experts Say

Quote:
Originally Posted by Uloset View Post
We have the crappy dollar to blame for this as well. Man things keep looking worst and worst for the American economy these days. I don’t even want to think what is waiting around the corner. If we include the value of our dollar when rating the countries yearly growth it actually is around -15% for the last year. Things maybe have grown in dollars but are still worth less overall everywhere else.
This is true. But we also cannot lose sight that Americans do a better job of supporting the Chinese economy than our own(and others for that matter). Also the ever increasing demand of oil in China is helping to drive these prices up.
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