Trade deficits, value of the dollar and the global economy
http://thedianerehmshow.org/shows/2006-12-13/trade-deficits-value-dollar-and-global-economy
The dollar, the world's predominant currency, has dropped in value by about 18% over the last five years. We'll talk about what a continuing slide could mean for American consumers, U.S. trade deficits, and the global economy.
Guests
C. Fred Bergsten
director of the Peterson Institute for International Economics and author of "China's Rise."
Albert Keidel
senior fellow at the Atlantic Council, former acting manager of the Treasury Department's Asia Office, and an adjunct professor of China's economy at Georgetown University.
James Paulsen
chief investment strategist, Wells Capital Management
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