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Invisiblecarbonhoots
old hand

Registered: 09/11/01
Posts: 1,351
Loc: BC Canada
Insvestors dumping US dollar
    #2020897 - 10/18/03 05:57 PM (14 years, 6 months ago)

How big a trade deficit does USA run every year? 100's of billions for many, many years in a row. Right?



Riding the continued exodus by investors out of the U.S. dollar, the loonie close at 76.05



--------------------
  -I'd rather have a frontal lobotomy than a bottle in front of me

CANADIAN CENTER FOR POLICY ALTERNATIVES


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Invisiblewingnutx

Registered: 09/25/00
Posts: 2,276
Re: Insvestors dumping US dollar [Re: carbonhoots]
    #2020993 - 10/18/03 06:42 PM (14 years, 6 months ago)

The trade deficit is the main reason that the government has been trying to devalue the dollar.


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