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August 24, 2006
Analysis of
As an American and an economist, I can tell you that neither the trade nor budget deficits in the US are going into balance at anytime soon. It is impossible to see them doing anything more than narrow marginally as they used to consume more. The annual American savings rate will not be recover so soon unless the American practice the saving value of European or Japanese. Let us look at each and every cause for the falling of USD and find out
From Analysis of
Posted by Jim at August 24, 2006 01:39 PM
