Doomberg: Energy is Life and We Are Killing It
From the New World
00:00
I Lived in the Case Change My Mind
I don't think that's the case at all. I lived it as an executive and I saw the pressure from Wall Street to offshore. And so there's a reason why countries devalue their currency when they get too strong because it protects their manufacturers. There is no one answer that explains all the variability that we see. But the generalize statement of stronger currency means less competitive manufacturing basis just undeniable even for high value added manufacturing.
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