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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (68895)2/17/2001 9:47:29 AM
From: flatsville  Read Replies (2) of 436258
 
You're trying for cool post of the day, aren't you?...(And you should get it by the way.)

The U.S. needs a strong buck to maintain the foreign capital flows that support the mind-numbing trade deficit, the staggering current account deficit, the bloated bond market, the treasury market, and the stock market. If the buck weakens significantly, the trickle of "repatriation" already in evidence, will become a torrent in a heart beat and there goes the balloon. Offshore investors have demanded an increasing premium to lend to the U.S. (and for obvious reasons) and they have no reason to take less. Allan is between a rock and a hard place and knows it.

With this in mind when do you think they wire O'Neill's jaws shut?
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