Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (4098)	6/1/2001 4:10:45 AM
From: elmatador	Read Replies (1) of 74559

But if capital flight keep coming to the US as it has been the case in the past, you can keep doing well without much problem. See, everytime there an economic meltdown somewhere, there is one attractor to all the cash flying out those places, South America, Russia, Asia... Besides that, let me give you an example: The capital I defend most (my 5-year old daughters school tuition already saved)- I keep in no other currency but USD in an offshore account. So if we foreigners keep a demand for a good (USD)that is only made in the US, the USD dollar will always keep strong.

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