[Mgs] declining dollar

[DON SCOTT]

Fellow MG hobbyists,

What will be the effect of the tanking of the US$ on our hobby for
those of us in the US?  Prime rate was just lowered again resulting in
the dollar falling from previous lows.  I would guess as the cars here
in the US become more of a bargain to foreigners, more of them will be
leaving our shores.  So our cars are appreciating in value!  Oh boy. 
Sports Car Market price guide showed MGAs going up 35% just last year
here (in US$).  

In addition, as parts manufactured abroad become more costly for us
here in the US, our hobby may become less appealing for Americans. 
Hell, over the last 15 or so years, probably half of the Brit cars I've
sold were bought by Europeans and shipped home.

I think we as Americans may see more and more of our treasures plucked
away by foreigners.  At least we were able to buy cheap shirts from
Taiwan and bargain plumbing fixtures from China for several years while
our industrial base was dismantled.  

Anybody have any comments on this subject?

Don Scott
'62 MGA