Still looks like a global glut to me with every country trying to export their capacity.
Switzerland and Britain are now at currency war – Telegraph BlogsEverybody is trying to weaken their currency at the same time. The Swiss have got away with it and now the Japanese want to try. The Sandinavians are pulling their hair out. The Turks are cutting rates even though the economy is overheating, and putting in credit controls instead because they don’t want the currency to rise."
Strong dollar? Yeah that's really going to work.
Do most of you still think you don't have nearly everything you think and apply to yourself completely and utterly wrong at the sovereign level? Yeah keep putting those nickels in the piggy bank and bask in self approbation at your good ole common sense economics.
Like I keep saying, want a strong dollar? Raise interest rates and get to 50% unemployment. It will be the strongest currency there is. Not sure what that would do for us, but it sure would be strong.
When the rest of the world wants imports, I'd start to worry. Don't ask me why they don't, but they don't. No country is at all interested in letter their slaves,
em... excuse me, citizens consume.