[quote=”sdot54″ post=958]Japan with a strengthening currency managed to increase exports. I know it wasn’t (yen) crazy strengthening, but I’d like to understand why US exports require a weak dollar, but for other countries, it’s not necessarily the case.[/quote]
Much to do with efficiency – when the U.S. dollar was weak for all those years esp the last 7-8 there was nothing to do make export industries more efficient compare the GM bailout to German cars and Japanese cars for example.
We have become a massive service economy