- Boca Raton, FL und der US-Dollar - interessante Spekulationen (Economist) - Popeye, 06.02.2004, 17:46
- schön diese Simulationen - EM-financial, 06.02.2004, 19:46
Boca Raton, FL und der US-Dollar - interessante Spekulationen (Economist)
-->....Deutsche Bank argues that America does not need to eliminate its current-account deficit. The German bank reckons that it could probably sustain a deficit of around 2.5% of GDP, half its current level. Using the OECD's economic model, the bank first assumes that the dollar falls to $1.45 against the euro by 2005 and then roughly stays there. This would reduce the current-account deficit to a still hefty 3.6% of GDP by 2008. To reduce the deficit to 2.5% of GDP would, according to Deutsche Bank's simulation, require the dollar-euro rate to fall to $1.98 by 2008, supposing that the dollar falls evenly against all currencies and nothing else changes.....
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