There are so many things wrong in that article that it boggles the mind. Let me point out one glaring flaw. It wraps itself around the EU vs US. Given that Britian is a strong US supporter and one of the major EU components makes that whole theory ver weak. I know its not on the Euro yet, but it will be in short order. The idea that a weak dollar gives the US more economic power is insane. The entire asian market as well as most of the European market have trading surpluses with the US that are in the hundreds of billions of dollars. A weakened US dollar only raises the price of imports and makes some items less attractive to buy.
The whole arguement about the economic conditions in the US is perposterous.
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Forget it. The article was ill concieved and poorly written. I can't believe I wasted any time on it.
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