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Thread: The world pays the bill for US credit crisis?
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[quote=MARRIE,341496]>>US's external debts have decreased again.<< The increase of US overseas investment assets are offset by devaluation of U$, which is exchange risk that could be addressed by hedging risk mgt in US corp accounting book. However, Devaluating U$ will deepen the crisis in credit market coz it keeps foreign funding from flowing into US who is now definitely eager for cash injection!! TradeOff and contraditions is economy.[/quote]
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