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Weaker Dollar Revamps World Economy

Americans lose pride, buying power, but gain jobs and sales abroad

By Jim O'Neill,  Newser User

Posted Dec 24, 2007 11:04 AM CST

(Newser) – A declining US dollar is sparking changes worldwide, drawing jobs to the States and spurring sales of US goods, but also ending an age of rich Americans abroad and hurting economies that are pegged to the note. Its 7-year, 40% drop against the Euro is...   Read full story »

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