European financial markets were able to navigate problems of 9/11 and the Madrid and London bombings without too much instability, because they didn't have the extra layer of exchange-rate problems. |
More pressure on China is inevitable. Without further adjustment by the Chinese, the global imbalances will worsen. |
More than Coca-Cola, the dollar is surely the United States' signature export. |
The dollar has to fall not only against China but against the whole trade-weighted basket. |
The fund has been too soft-spoken for too long on all major issues. ... The momentum (for change) is building. |