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LA, California, USA
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
Posts: 520 since Sep 2011
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The majority of economists believe that the solution to the trade deficit is to lower American wages still further. Michael Hudson says Obama wants to lower wages 30%. I disagree.
If we lower wages or more likely devalued the dollar, we would raise the prices of imported oil and food until the working poor were forced to walk to work and back home to an empty dinner table. That will not fly.
Come. Let Us Reason Through Unreasonable Economic Theories. | Video Rebel's Blog
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