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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: mishedlo who wrote (213860)1/11/2003 2:53:59 PM
From: LTK007   of 436258
 
<The falling $ makes the US stocks less attractive.
There are forces on the $ that are going to keep it headed south> i read i little item that came out in a little corner of the NYT many months ago. It simply stated that the Saudi Arabia Government(the royal family, hardehar:) had agreed that no moneys meant for the public would be invested in the U.S.A.
Saudi Arabia plays the friend of the U.S. on the royal family side but the public of SA is deeply anti-american.
SA not only holds the oil card, but as of last year the royal family had an estimated 700billion dollars invested in the U.S.
i feel the royal family is maintaining there relations with the U.S. out of need for a powerful force to keep them in power, and that is the U.S.Max
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