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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (295327)12/3/2010 9:38:16 AM
From: Giordano BrunoRespond to of 306849
 
Thank you.



To: Les H who wrote (295327)12/3/2010 10:31:45 AM
From: Les HRead Replies (2) | Respond to of 306849
 
Bernanke Has Learned What Richard Duncan Knew in 2005

seekingalpha.com

Bernanke understands that the currency manipulating countries are keeping the advanced countries from recovery and that they are gaining a competitive advantage over those emerging market countries that do not manipulate their currencies. Richard Duncan thinks that Bernanke will soon advocate tariffs:

The world has been put on notice that the United States will take steps to correct this defect and the destabilizing trade imbalances it permits. If the flaw cannot be corrected through international coordination, then unilateral actions by the United States should be anticipated. These actions would likely include trade tariffs. Tariffs would have a devastating impact on the countries pursuing an export-led growth strategy, particularly China.