PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: J_F_Shepard who wrote (334560)	12/28/2002 10:50:07 PM
From: GROUND ZERO™	Read Replies (1) of 769670

Another consideration with an account in another country is the currency translation... when the U.S. Dollar was rising against most other currencies, offshore deposits suffered in the translation... today, with a weaker USD, it would be wiser to keep the money offshore... this is why the weaker USD should help the U.S. trade balance, it would encourage the U.S. export business and help to increase U.S. factory output, this is positive for U.S. equities, positive for stocks... GZ

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