Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (129711)	12/15/2000 7:33:39 AM
From: boris_a	Read Replies (2) of 1571040

Ted: the Feds have no excuse to cut and to cut well. US trade deficit is going to be $ 360B per 2000. Growth rate (of deficit)is at 30%(!). If Feds cut well, the greenback exchange rate will go down significantly. Foreign money will vanish (because of expecting further sinking $). You might get higher inflation (by imports) and slower growth (recession?) same time. Not my prediction, but I guess this kind of scenarios are what Alan has to think about. Pretty difficult job. Much more difficult than many think. But all in all, he's doing a great job. Regard Boris BTW, I refrained from techs (except one stock, oh-urks) since April/May NAZ turmoils and initially didn't want to come back until november. Now come back delayed until February despite many temptations. But I wanna get the semis really cheap.

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