But then in April of 1985 the dollar began a sharp decline. The dollar's trade weighted value fell 23 percent in just 12 months and by a total of 37 percent by the beginning of 1988.
For sure, competition is healthy. It is! It keeps everybody on their toes. It keeps everybody sharp.
One of the sharp parallels is that neither Vietnam nor Iraq was the slightest threat to America's national security.