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Re: [Pen-l] John Judis in the New Republic on Obama's choice for the CEA



Dan Zale  wrote:
> The reason I find this piece interesting is that it addresses the question
> "where will consumption demand come from in the future"?

maybe nowhere. The US could switch over to being export-led, though it
would take a while to make the transition (along with a big
depreciation of the dollar, perhaps losing its reserve status). Just
speculating for "Black Friday."

-- 
Jim Devine /  "Nobody told me there'd be days like these / Strange
days indeed -- most peculiar, mama." -- JL.
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