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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Crimson Ghost who wrote (105418)5/29/2001 5:59:22 PM
From: yard_man  Read Replies (2) of 436258
 
Nice quote ... this'll get me a dozen flames, but the stability that everyone ascribes to the situation with the USD is way over-rated.

It's only good for the existing foreign holders while more foreign holders are continuing to be found.

This won't be true in a global slowdown ... heck, everybody who is anybody is almost on the bus now. Who propels the further gains from here?

Printing won't do it -- there has to be exchange that adds value to someone outside the US. The returns are diminishing with each last push ...

All anti-dollar bets require here is a little bit 'o patience. This won't take years and years to resolve itself ...
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