Quote:
Originally Posted by Tipsy  I personally wouldn't go that far because I think it is possible, with the right government action, to both avoid the recession and help the economy, but what you're saying is probably the more likely course because of how wonderful our government is. |
You cannot avoid a recession when your currency is losing value in the global market, and you can't stop your currency from losing value in the global market without strengthening the domestic economy, and our domestic economy can not be strengthened without increasing domestic production and exports, and we can not compete with foreign prices because the dollar is currently too strong and too expensive. Solution? A recession, and a weak dollar. It is inevitable.