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03-10-2008, 01:25 PM #1Senior Member
Why the Dollar is So Cheap
It feels great having the ability to put someone on ignore. But let me guess...
Another cut-n-paste hit job with no references or supportive statements. Am tempted to un-ignore, just to check, but honestly, I doubt he knows how to do anything else.
I guess I'll do like the original poster, and dummy-up. (no other response is necessary)Rusty Trichome Reviewed by Rusty Trichome on . Why the Dollar is So Cheap By PETER MORICI The dollar is trading at all time lows against the euro and gold for good reasons. The Bush Administration has flooded the world with greenbacks, and global investors have little confidence in the management of the U.S. economy. During the Bush years, the U.S. trade deficit has doubled. Thanks to dysfunctional energy policies and tolerance for Chinese mercantilism, the deficit has exceeded $700 billion each of the last three years and is more than 5 percent of GDP. The Rating: 5
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