Calling an economist please [View All]

[sandnsea]

So I read an article yesterday that the low dollar actually helps US multi-nationals who earn more overseas than they do here. When they transfer their profits to US dollars, somehow they get a hidden profit in the exchange.

Then I was just reading that because of the low dollar and oil prices, other countries aren't feeling the oil squeeze the way we are. Meaning multi-natioanls's costs aren't what they are here, giving them even more of a profit edge.

Can somebody put this in simpleton's terms so I can fully grasp it. Because this would explain why the stock market is still doing okay, right? This is where the profits are coming from, right? This is the great economy that the economists are talking about, the corporate economy, not the pocketbook economy.

And it's all just more Enron-style game playing, right?