sorry for the late reply it was in the usatoday last wensday if i remeber right, i read the paper every day at lunch. call me old fashiond but i enjoy it, i will try and find the artical for you maybe scan it in if i still have the paper.
also, it should take awhile for the weakness of the dollar to have effect, invintories must be depleted so the merchent does not lose money on the original stock, though it sitting on shelfs costs too.Â
and really the dollar is being propped up right now by a weak housing market, sounds weird, but the housing markets colapse helps hide inflation, since the goverment uses housing costs with other indicators. id say the dollar is about 10-15% over valued barring unexpected changes in manufacturing and service sectors. while all of this does hurt american buying power it hurts markets that import here far more, thier goods slowly become more expensive to bring in even if they dont raise the price as thier currency rises against the dollar. so either A they make less money due to bad exchange rate, or B they lose money in lost sales by raising prices.Â
at present being the largest market where most luxury goods are sold this hurts alot of places, the EU is growing and that can help soften the blow, but to really help keep goods uber cheap and see the eu as a unified market it needs a dominent language. region specific production hurts bottom line and rasis prices for all
as much as multiculturalism is nice, and certinaly should be remebered and taught, it would help a world economy if say 3-5 languages became dominent and the others went away,  chinese, english, german, japanese, hindi. no particular order to them. if more were needed 2 at most, spanish, and arabic due to the perdomince of both occering in south and centeral america and africaÂ
note this is not ment to be hatefull or lowering the value of other toungs in any way (I have a soft spot for gaelic, and italian). but in theory this should help form cohesive economic regions, many other things would have to be done.Â
