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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who wrote (57882)4/28/2002 4:00:28 PM
From: mishedlo  Read Replies (1) of 99280
 
Steve it is even worse than that.
Can we EVER compete against manufactoring in China?
I doubt it regardless of how far the US$ falls.

Are people going to be rushing to buy more MSFT products cause they are cheaper? I doubt that as well.

In short I see little benefit except perhaps in Autos and heavy machinery and that is a perhaps on Auto since we compete with Japan and Japan wants a low valued YEN.

So what we have is INFLATION on our imports yets little impact on exports. That is my guess at any rate.

That is also why the US has insisted on a strong $ policy, regardlles of how many screams came for US exporters.

But they have held the $ up as long as they could.
Now what?
A fastly plunging $ could have some derrivative issues somewhere (but not sure where).

We really could have a financial meltdown if it gets ugly enough.

M
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