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  • Stop Writing Eulogies for the Dollar [View article]
    Nice summary of the long-term trends that will overwhelm the short-term trends pushing the dollar lower. Another thing to consider is taxation and regulation. Even the Democrats in Congress want to lower the corporate income tax at least to European levels.

    I think you are right to highlight problems with China, but there's a lot of room to grow. The best case you make is with the Euro. Every problem cited for the U.S. dollar—aside from the trade deficit (which is over hyped anyway)—is worse for the Euro. I don't know why people are talking about 100 years from now, these problems will manifest themselves by 2020.
    Dec 07 14:51 pm |Rating: 0 0
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