What the current deficit does is make the dollar vulnerable. It means we could see a vicious cycle, where a declining dollar makes U.S. assets less attractive to foreign investors, which weakens our assets further, which puts further pressure on the dollar.
There are not yet any comments on this quote. Why not register / login and be the first?
This quote is just one of 9 total Lara Rhame quotes in our collection. Lara Rhame is known for saying 'What the current deficit does is make the dollar vulnerable. It means we could see a vicious cycle, where a declining dollar makes U.S. assets less attractive to foreign investors, which weakens our assets further, which puts further pressure on the dollar.' as well as some of the following quotes.
What the current deficit does is make the dollar vulnerable. It means we could see a vicious cycle, where a declining dollar makes U.S. assets less attractive to foreign investors, which weakens our assets further, which puts further pressure on the dollar.
The global perception is the U.S. has the most to lose if there's a war in Iraq. That's made the rest of the world averse to U.S. assets. Foreign investors are looking home again.
We're seeing Japan aggressively acting to keep the yen steady against the dollar and stop the process of broad dollar weakness from turning into broad yen strength.
This quote is just one of 9 total Lara Rhame quotes in our collection. Lara Rhame is known for saying 'What the current deficit does is make the dollar vulnerable. It means we could see a vicious cycle, where a declining dollar makes U.S. assets less attractive to foreign investors, which weakens our assets further, which puts further pressure on the dollar.' as well as some of the following quotes.