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Another Huge Miss - Money Floods Out of the US in July

Wednesday, September 16, 2009, 9:39 AM
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The Treasury International Capital data for July came out this morning, and it once again revealed a far larger outflow of money than anyone expected.

In fact, for a country borrowing as much as the US, anything less than a few hundred billion to the positive every month is a really big problem.  If you've been wondering why the dollar has been going down, here's part of your answer….money is flooding out of the US.

 

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