fix articles 300702, way toward economic catastrophe Los Angeles Indymedia : tag : way toward economic catastrophe

way toward economic catastrophe

Obama Is Leading the Way Toward Economic Catastrophe (tags)

"...important trading partners—Japan, China, others in Asia—are employing a nasty trade strategy from the early thirties known as “beggar thy neighbor.” They are weakening the value of their own currencies (and boosting the dollar’s value) so their exports will be cheaper than competing American products..."

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