The dollar is of course over-valued.

The Federal Reserve’s broad dollar index reached a 17-year high in early June. 

The manufacturing trade deficit has ballooned to $900bn.

The eurozone is chief global parasite. It has been sucking demand out of the global economy with current account surpluses of €300bn to €400bn.

Germany’s current account surplus of 8.5pc of GDP.

Ambrose 19 June 2019



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