http://www.johnredwoodsdiary.com/2007/11/09/the-us-will-up-the-exports-now-the-dollar-has-fallen-so-far/ Conservative Party Member of Parliament for Wokingham Fri, 21 Nov 2008 02:58:30 +0000 http://wordpress.org/?v=2.6.2 http://www.johnredwoodsdiary.com/2007/11/09/the-us-will-up-the-exports-now-the-dollar-has-fallen-so-far/#comment-11517 Bazman Sat, 10 Nov 2007 21:35:31 +0000 http://www.johnredwoodsdiary.com/2007/11/09/the-us-will-up-the-exports-now-the-dollar-has-fallen-so-far/#comment-11517 What you are saying Tony, is that Britain should have a strong manufacturing base. What you are saying Tony, is that Britain should have a strong manufacturing base.

]]> http://www.johnredwoodsdiary.com/2007/11/09/the-us-will-up-the-exports-now-the-dollar-has-fallen-so-far/#comment-11344 Tony Makara Fri, 09 Nov 2007 09:50:12 +0000 http://www.johnredwoodsdiary.com/2007/11/09/the-us-will-up-the-exports-now-the-dollar-has-fallen-so-far/#comment-11344 Gordon Brown does not see fit to worry about exports because his entire economic strategy is based around having a service sector economy buoyed by consumer credit. Gordon Brown is happy for imports to supply Britains basic needs. This is a strategy that works so long as our currency is very strong. However its a dangerous game to play because currencies do not stay overvalued forever. Gordon Brown will under no circumstances want to see the pound weakened or interest rates cut. Such a scenario would help our exporters but would completely scupper Gordon Brown's demand led economy. Gordon Brown does not see fit to worry about exports because his entire economic strategy is based around having a service sector economy buoyed by consumer credit. Gordon Brown is happy for imports to supply Britains basic needs. This is a strategy that works so long as our currency is very strong. However its a dangerous game to play because currencies do not stay overvalued forever. Gordon Brown will under no circumstances want to see the pound weakened or interest rates cut. Such a scenario would help our exporters but would completely scupper Gordon Brown’s demand led economy.

]]>