Fiscal Policy A Sinking U.S. Dollar Dominates the Debate at Davos

The article I have chosen to analyze is from nytimes.com printed on January 27, 2005. The title of the article is A Sinking U.S. Dollar Dominates the Debate at Davo. This article discusses the relentlessly sinking dollar and the inability to find and an answer to the problem. It indicates how economists, politicians and business executives are very concerned about the imbalances in the global financial system, which is reflected in the dollar's steep fall against the euro and other currencies. But most were unsure that the Bush administration would reduce the trade and budget deficits, whi…