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Politics : Ask Michael Burke
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To: valueminded who wrote (95521)4/15/2002 9:15:08 AM
From: Knighty Tin  Read Replies (2) of 132070
 
Chris, One reason the buck has stayed buoyant is that other countries have so many they can't afford a bust. China, England and Japan, in particular. I don't think that will hold. It is like the weakest chain in the link. Once of these countries is going to figure out that the first one to dump Greenbacks will get the best price, and then the dominoes will fall.

I do think there are stocks and then there are stocks. True enough that the Dow and S&P are more grossly overvalued than they were before the recession. But many small and mid cap names are bargains.
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