8 votes

Why this is unlike the Great Depression (better & worse)

1 comment

  1. skybrian
    From the article:

    From the article:

    In the coming years, the United States will be effectively printing money to fund large fiscal deficits, while also having a large current account deficit and negative net international investment position. This is one of the main variables for my view that the dollar will likely decrease in value relative to a basket of foreign currencies in the coming years, which may then help the U.S. close the investment gap.

    2 votes