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Subject:  Re: “The End of Dollar Hegemony” Date:  3/6/2006  11:14 AM
Author:  jackcrow Number:  15686 of 35576


Through the last 2/3 of the Clinton administration the US economic engine provided enough revenue for the US to start to buy down its debt. This had the effect of strengthening the dollar; there was less US debt and thus more competition for it an