This is a very well written and presented argument. I would only want to add that I believe the recent strengthening of the dollar has been due to China's decrease in spending since the Olympics ended. This only adds to the argument that this strength may be temporary, since our national debt is going to sky rocket over the next two years at a minimum, and all China has to do is start spending US dollars again in the international marketplace.
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This is a very well written and presented argument. I would only want to add that I believe the recent strengthening of the dollar has been due to China's decrease in spending since the Olympics ended. This only adds to the argument that this strength may be temporary, since our national debt is going to sky rocket over the next two years at a minimum, and all China has to do is start spending US dollars again in the international marketplace.
Dec 04 03:13 am
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