Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit.
“Every time I flicked channels, there I was, talking. I was talking too much and writing too little. So Naomi and I went to Hawaii. The phone was cut off and we lost touch. This gave me the chance to have a good think about my life.”
“People say we were an overnight success. It took us a year to be an overnight success.”