On the Impending Destruction of the US Economy »
Posted by: populist 8 months, 2 weeks agoHubris and arrogance are too ensconced in Washington for policymakers to be aware of the economic policy trap in which they have placed the US economy. If the subprime mortgage meltdown is half as bad as predicted, low US interest rates will be required in order to contain the crisis. But if the dollar s plight is half as bad as predicted, high US
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marshx8 months, 2 weeks ago
the dollar has actually recovered considerably; in the last week its gone from $2.08:£1 to $2.01:£1 thats about the highest its been in 2007!
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