Michael P writes: >I wonder how likely that a decline in the dollar, if it continues to take place at the present rate, could destabilize the world economy, perhaps unleashing a strong recession. < the problem is that Japan & Europe are being pushed into recession by the rise of their currencies. > Could China withstand much of an increase its currency -- especially with its high unemployment?<
but the Yuan is falling in step with the dollar at this point. JD
