To: GodGunsGuts
The last thing we need is for all those international US dollars to come marching home. I thought the current account deficit was bad? You said so yourself.
16 posted on
12/11/2006 5:42:13 PM PST by
Toddsterpatriot
(If you agree with EPI, you're not a conservative!)
To: Toddsterpatriot
It is bad. But losing the privilege and stabilizing influence of the USD as the world's reserve currency is far worse. We need to make massive cuts in spending and stop doing business with our enemy, Communist China!
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