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Currency wars are necessary if all else fails
The overwhelming fact of the global currency system is that America needs a much weaker dollar to bring its economy back into kilter and avoid slow ruin, yet the rest of the world cannot easily handle the consequences of such a wrenching adjustment. There is not enough demand to go around. Posted by: tipper 2010-10-11 |
| http://www.rantburg.com/poparticle.php?ID=307419 |