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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: SouthFloridaGuy who wrote (1646)1/3/2001 10:30:23 PM
From: Hawkmoon  Read Replies (1) of 74559
 
A weaker dollar is inevitable to erase this massive trade deficit.

I would prefer a stronger European and Asian economy that would able to purchase as many US goods as they sell to us.

That has been the TRUE SOURCE of the trade deficit.

So I guess your belief is that if your neighbors are able to make as much money as you do, that you should decrease your consumption until you live like they do?

Hmmmm.....

Btw, ask those European Banks about their "frettin'" over the tremendous debt that ALL telecoms have taken on....
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