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Politics : Ask Michael Burke

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To: Earlie who wrote (73719)	1/15/2000 1:32:00 PM
From: BGR	Read Replies (2) of 132070

Tsk. tsk., Earlie. It seems that you haven't taken the basic lesson in International Trade in good spirits. I wonder how long people are going to invoke the spectre of foreigners bailing out of the US market causing a collapse. Ever given any thought to the reality that the US Dollar is a substitute for the gold standard in several economies? The Euro, that great soon-to-be-dollar-menace, has fizzled while you were sleeping. And nobody seems to talk about the Yen rally any more? <VBG> I advice that you stick to semiconductors, Earlie. That way, you do not have to research the state of the world economies. There is a reason why they invest in the US, because on a comparative scale the US is doing much better, but ignorance is so blissful! -BGR.

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