papflesje on 29 October 2008
Here's something an economic baboon like me doesn't understand:
If they have such a backlash from the yen, can't they just have some sort of factories (or deals with factories) all across the most important territories?
A factory in Mexico or whatever other country is rather cheap in the American zone, a factory in Eastern Europe, and one in Asia...
Shouldn't that offset the possible losses from the Yen?
If they already produce and sell from the region's currency, isn't the drop-off from another currency then eliminated?
