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Memories of the 28th Century

Miscellaneous thoughts about miscellaneous matters

  1. Economic War

    by , 03-02-2018 at 08:39 AM (Memories of the 28th Century)
    Not all wars are examples of diplomacy failing. The economic war that Trump has set up is a personal affair, that he didnít negotiated with anyone; although at Davos he commented that a weak dollar would help U.S. trade. And it will; it will make U.S. goods less expensive than similar goods from other countries. That should help U.S. manufacturers to some degree. But a weak dollar will make the U.S. less desirable as a place to invest, because it will lower the values of capital assets, especially ...