Madam, - Thomas Carlyle was right: economics is a dismal science. It has been reported that the former IMF chief economist Mr Kenneth Rogoff said that nobody really knows what the effects of a soaring euro and weak dollar might be.
It looks as if we might as well revert to the use of chicken entrails. - Yours, etc.,
BILL GRIMSON,
Villiers Road,
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Rathgar,
Dublin 6.