Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: smolejv@gmx.net who wrote (18553)	4/29/2002 7:56:15 PM
From: TobagoJack	Read Replies (1) of 74559

Hi DJ, check this out ... Message 17392179 I think the linked note is worthwhile to keep in mind, even though I have doubt on its conclusion. Not absolute denial of possibility, but just doubt. Some economists think that just because China is in the "dollar zone" and so the WORLD will not let the USD implode, because if the USD does go kaboom, the world will be struck by deflation of a more serious nature, and so the USD will either stay strong or meander down gently. As CB noted, forex trade is huge, and I note exchange rate moves are generally sustained, not entirely controllable, and often explosive, sometimes impulsive, and rarely has anything to do with what the economists figures. Chugs, Jay

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