Showing posts with label American growth. Show all posts
Showing posts with label American growth. Show all posts

Friday, October 26, 2012

Three horsemen of a weakened U.S. currency

SYDNEY (MarketWatch) — “The USA lived off credit for too long, inflated its financial sector massively and neglected its industrial base.” Such was the sobering assessment that German finance minister Wolfgang Schäuble gave the Wall Street Journal in November 2010.