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Politics : Ask Michael Burke

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To: Mike M2 who wrote (86218)12/4/2000 8:58:20 AM
From: mishedlo  Read Replies (1) of 132070
 
<<I like gold stocks but I suppose one can look for manufacturers who might benefit from a weaker dollar but I feel the hard landing scenario may negate any advantage. Mike>>

Thanks - Sounds like nothing really benefits
Hopefully I can ask another stupid question.

If the $ sinks what will that do to our deficit.
Obviously (I think) it MAY help the trade deficit.
But what affect will it have on our budget defict, and foreign investments in US stocks.

How much foreign investment is in our stock market anyway?
Obvioiusly very bad news if it is significant and it pulls out. What is the likelihood. Can that be triggered by a weak $.
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