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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: BubbaFred who wrote (34124)7/24/2005 6:39:34 PM
From: GST  Respond to of 116555
 
The concept of tribute is absurd. Americans do not benefit from dollar depreciation -- it is a sign of weakness a a reason why Americans can expect to be poor in the future. The weakness is real, and without depreciation there are additional problems related to competitiveness, but the concept of "tribute" plays no role. Call it what it is -- the economics of US desperation.