tag:blogger.com,1999:blog-1207581886255094115.post2785043061341640133..comments2024-02-26T05:51:17.859-05:00Comments on Economic Disconnect: Escalation of the ARMS Race at CountrywideEconomicDisconnecthttp://www.blogger.com/profile/02802078645713106743noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1207581886255094115.post-1763832744870805642007-10-28T18:17:00.000-04:002007-10-28T18:17:00.000-04:00FED cut means weaker purchasing power for the Amer...FED cut means weaker purchasing power for the American consumer, which is maybe what is intended. Devaluate the currency to reduce the trade imbalance.<BR/><BR/>I'm not much of an economist though. Since China currency is pegged to the dollar it wouldn't affect the trade balance with them.Anonymousnoreply@blogger.com