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A comment on The Shipping News Suggests Economic Weakness. Parent comment

Re:The Shipping News Suggests Economic Weakness by horsecaptin on Saturday January 30, 2016 @09:41AM (#11001929)
A stronger dollar combined with a lack of a middle-class that can actually use the dollar's strength to consume more stuff means trouble.
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Re:The Shipping News Suggests Economic Weakness by pessimizer on Saturday January 30, 2016 @10:04AM (#11002024)
A stronger dollar is what destroys the middle class by crushing exports: http://www.tradingeconomics.com/united-states/balance-of-tra... (click MAX)

http://www.usatoday.com/story/money/business/2015/05/05/trad...

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Re:The Shipping News Suggests Economic Weakness by bcg1 on Saturday January 30, 2016 @11:00AM (#11002296)
Perhaps worse for people in the US than a potential drop in exports (we've had a negative balance of trade for a while, irrespective of dollar strength) is the effect on corporate earnings for US companies that make money abroad. A strong dollar wreaks havoc on their balance sheets (since they need to report their earnings in dollars) and can absolutely lead to falling share prices as well as domestic job cuts.
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