Business » Finance
Author`s name Dmitry Sudakov

Comments: Why Strong US Dollar Foreshadows Economic Doom in 2010

Normally, in what passes for Orthodox economics, a strong currency for a consumer nation is a good thing, a positive development. And America is the biggest consumer, and one of the smallest producers, in human history. However, in these turbulent times, this economic train wreck that has been on an acceleration course since mid 2007, a strong currency or rather, specifically, a strong dollar is an absolute disaster

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