The Undollar Digest

Ideological and Hostile

Doug Noland, www.prudentbear.com, 11/19/2010
The Geithner/Bernanke “global rebalancing” gimmick…has no chance of rectifying our deep structural impairment nor resolving global imbalances.  It does, however, increase the odds of a crisis of confidence in our debt markets and currency.
Our policymakers are acting to the detriment of our Creditors.  They speak in a tone that does not inspire [...]


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