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American Consumers are Losing their Crown
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American Consumers are Losing their Crown

Our Correspondent
Sep 17, 2007
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American Consumers are Losing their Crown
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With the US Dollar Index breaking decisively below its long-term support level, the sun is finally setting on the golden age of American consumption, just as it begins to rise on Asia. As America’s economic dominance fades, so too will the faith in the central thesis that has explained its apparent success and has shaped the majority of recent economic …

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