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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: TH who wrote (5719)5/6/2004 12:19:12 PM
From: KyrosL  Read Replies (1) of 116555
 
how this "induces" a contraction in the US account deficit

Because when they diversify out of the dollar, the dollar drops, which eventually corrects the deficit. Of course, AG wouldn't want to come straight out and say the dollar will drop.
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