[lbo-talk] [Fwd: Why the World Needs a Weaker Dollar]

[Dennis Redmond]

Michael Pollak wrote:


> The limit lies in the needs of their own export oriented economies, which
> mainly export to the US.

This used to be the case, but nowadays East Asia trades much more with
itself than with the US. Check out Tables 5 and 9 here:

http://www.efn.org/~dredmond/Geopolitics.html

This is 2000 data, but since then, intra-East Asian trade (especially with
China) has continued to rocket to new heights.

-- DRR