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"beggar thy neighbor"

It was applied to devaluations, when done the monetary route, but it's somehow not used when it takes the route of shrinking domestic wages, which really amounts to the same thing...

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Mar 10th, 2010 at 08:11:03 AM EST
[ Parent ]
Jerome a Paris:
amounts to the same thing...

Yep.

by afew (afew(a in a circle)eurotrib_dot_com) on Wed Mar 10th, 2010 at 03:15:29 PM EST
[ Parent ]

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