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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (7220)8/16/2001 6:52:39 PM
From: GraceZ  Read Replies (1) of 74559
 
I think the USD can go down by anywhere between 20-40% against a basket of major currencies

I don't question that the dollar will fall I'm just wondering in relation to what (gold?). I assume if other currencies will rise in relation to the dollar, than these other countries have stories that are improving, right?

Where are conditions improving? Is Europe finally throwing off the strangle-hold of socialism and high taxation? Is Asia developing an economy that is not dependant on exports? Is South American developing better financial controls? Perhaps The country formerly known as the Soviet Union is becoming the new hot bed of capitalism.
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