Thursday, April 28, 2011

Woe to He Who Manufactures in Asia and Sells in the US - by Ben Bernanke...

...because the dollar will remain weak and only get weaker if the Fed gets its way. If you manufacture in the US and export, that's a great scenario. But if you manufacture anywhere else and sell into the US, you are about to go out of business. Better not be using a wafer fab or anything else in Asia if part of your market is in the US... just ask Broadcom and Amazon(!)