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Europe is flooded by American tourists.
Is it because of the strong dollar?
No.
I argue that higher deficits in the US are a major part of the reason why Americans are richer than Europeans.
By Jan MusschootEurope is flooded by American tourists.
Is it because of the strong dollar?
No.
I argue that higher deficits in the US are a major part of the reason why Americans are richer than Europeans.