"Boeing, forced with a falling dollar value, and high cost of production was unable to beat AIRBUS for a huge military contract."
if that be the problem....for there's cheating within our system as well.
If it be the case of economic competition....
"falling dollar value, and high cost of production"..... are the same
The diluted dollar trading value at its low, means more dollars needed to make trades. For everything.... commodities to labor to liability instruments...anything. You either have the ability to keep up(which most of us can not including Boeing, unless they leveraged their dollars to gold early on) or you fall behind.
IMO..We've been out paced by over financing and they're not able to turn off the wallpaper machine. IMO, there's no controlling it now.
One big ENRON....if NAFTA condensed, Wall Street would fall apart.
We can't have that....so how does the US worker index against the world to be competitive? Cant be done...and Wall Street does not want it to happen. Some how a diluted cash COW floats through perpetual financing.
doni
