Forbes himself: “The bottom line: No strong economy has a weak currency.”
Just above the “bottom line”…no strong currencies are built on negative real interest rates, bloated trade deficits, or $10 trillion on the right side of the balance sheet.
« It’s the Dollar, Stupid (and Taxes, Too)
Posted in Notes on January 30th, 2008 at 12:17 pm
|Tags: US dollar, weak currency
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