TITLE

Ranking the Devils: Debt, Deficits, Dollar Weakness

AUTHOR(S)
Malpass, David
PUB. DATE
April 2009
SOURCE
Forbes Asia;4/27/2009, Vol. 5 Issue 7, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents author's views on the U.S. government's economic policies to counter recession. The author says that the new economic policies such as rapid liquidity injections by the Federal Reserve Board and mortgage-rate cuts has increased deficits and national debt, and has caused devaluation of dollar. The author says that dollar weakness will lead to further job losses, fall in standard of living and economic contraction.
ACCESSION #
42637525

 

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