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‘Dollars’ All Along, There Are No Winners

By |2017-02-28T17:13:34-05:00February 28th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

China joined the World Trade Organization (WTO) on November 11, 2001. Its membership took a decade and a half to achieve, no small wonder given that when it started the process the country looked nothing like it did when it was complete. Even by 2001, the Chinese economy was growing fast, but that was nothing compared to what it was [...]

It Was ‘Dollars’ All Along

By |2017-02-27T19:21:17-05:00February 27th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Ross Perot famously declared the “giant sucking sound” in the 1992 Presidential campaign. The debate over NAFTA did not end with George H. W. Bush’s defeat, as it simmered in one form or another for much of the 1990’s. Curiously, however, it seemed almost perfectly absent during the 2000’s, the very decade in which Perot’s prophecy came true. Americans didn’t [...]

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