Yen flat as investors eye G20, S&P touches new high

Comments (1)
SeniorMoment wrote:

I am not entirely sure that it would be a bad thing to have competitive devaluations, since all devaluations reduce the purchasing power of outstanding debt obligations, and clearly the developed world went on a debt binge to get where it is today withough enough regard for the critical duty to collect what taxes are owed and not to make tax concessions beyond a local level.

II 13, 2013 8:50am EST  --  Report as abuse
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