Friday, October 31, 2008

Bill Fleckenstein on the U.S. Dollar

Bill Fleckenstein, a hedge fund manager, hates what we've done to the American dollar and says a weaker dollar won't fix our trade deficit:

We don't export enough to solve our trade deficit. What we need to do is stop consuming beyond our means and start saving, which is what will be forced upon us eventually.

Bill's Archives:

No comments: