FUCK? (comments plz)

September 27, 2005

Guardian Unlimited | The Guardian | We can do this the nice way … or the nasty way: “The result is a large and sudden devaluation of the dollar, which adds to inflationary pressure and forces the Federal Reserve to raise short-term interest rates aggressively. Protectionist pressures mount and this, together with the big appreciation of China’s currency, leads to much slower growth. With both the world’s two big growth engines – the US and China – faltering, Europe and Japan also suffer. Financial markets suffer hefty losses, adding to the gloom.”

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