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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: KyrosL who wrote (72257)1/30/2010 3:37:20 AM
From: Haim R. Branisteanu   of 74559
 
To really recover the US need a CHEAP USD
Exports, though, grew at an annual rate of 28% in the fourth quarter, which the National Association of Manufacturers said is the fastest increase and the largest contribution to economic growth in 30 years. Of the 5.7% growth in the fourth quarter, trade accounted for 0.5 percentage point (exports added 1.9 points, imports subtracted 1.4 points.)

But this was with a 5% to 8% cheaper USD!!
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