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Professor Niall Ferguson on Europe, Japan pain from US dollar

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The author of ‘The Ascent of Money’ explains how China is benefiting from the weakening US dollar and how Japan and Europe are suffering. Could there be a decoupling or delinking of the dollar peg to the Chinese yuan? Something is going to have to give shortly as the US and China are landing the rest of the world with their economic problems.

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Written by Peter Cooper

November 12, 2009 at 10:54 am

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