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Now is a good time to bet on the American dollar

A View From the Edge

One of the problems with spouting good-sounding but dead-wrong policy changes is that it is so hard for the egos to admit they might have it even possibly, maybe a little, just a teensy bit, wrong.

You see, all this economic disaster has happened before — in fact worse — to many of the world’s largest economies. In the 1980s Japan suffered an economic bank meltdown that made our savings and loan disaster look like a kiddies’ party.

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