But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.
“However, I wasn't very good at the sciences, or didn't have a lot of help in the sciences or something but certainly didn't set science for my A level. And when I came to take my A levels I didn't get a good enough result to go to University.”