Dollar's decline felt around the world (7yr downturn)
Dollar's decline felt around the world
The U.S. dollar has been on a seven-year decline that is affecting everything from job markets in Europe and Asia to coffee exports from Africa. "The dollar was the dominant force in world economics for 100 years -- we had no competition," said economist C. Fred Bergsten. "There was no other economy close to the size of the United States. But all that is now changing."
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posted by Victor Lloyd Smith @ 2:02 PM
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