Instead, many of Europe's weaker economies failed to reform and Germany accumulated gratifyingly large current-account surpluses.
ECONOMIST: Germany and the euro
However, after 1958, when the economies of other countries began to recover and the trade surpluses began to decline, they quickly accumulated USDs.
FORBES: Our Fiat Dollar Has Cost the United States $80 Trillion
We accumulated the Bonds on the derivatives trail to lure more cash from the ones with surpluses.
FORBES: Bill Gross Says Bernanke Is Ripping A Band-Aid Off A Partially Healed Scab
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