[RobFromGa]

According to many economists, trade imbalances such as above are supposed to be corrected through the monetary exchange rates. Sure doesn't look to be happening above.

I thought economists were infallible?

[ancient_geezer]

I thought economists were infallible?

Certainly not, expounding on expections not firmly grounded in imperical econonmetric studies they they can be as bad as bloviating laymen.