Proof: Weak Dollar Does Not Improve Trade Deficit!

I highly recommend reading the following newsletter written by John Mauldin, who for the year 2007, was ranked second only to Warren Buffett as the best investment adviser. The attached chart is from his weekly newsletter, and proves that a weak US Dollar does not improve the trade deficit. If you would like to know the real cause, clink on the chart above, or read his newsletter here:

What Are They Thinking?

Read the link to the above newsletter. It will open your eyes to a few things on tax policy. It may even scare you. It did that for me! Great article, John! Great newsletter, too!