Thursday, December 02, 2004

Current account history

Looks like we need a Plaza Accord II to sustain Bretton Woods II.

1 comment:

  1. Jameswmillar9:21 PM

    The United States has to rebuild its industrial base after the guru's in D.C. have given it away for the last 65 Yrs. This means putting American Manufacturing on a level playing field so that it can compete without being put at a competitive disadvantage from foreign tariffs and goverment subsidies. The above graph says it all.

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