Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Louis V. Lambrecht who wrote (24517)	10/24/2002 6:59:10 AM
From: elmatador	Read Replies (1) of 74559

Uhm, you are the one more in tune with the point I was trying to make. (In the case of US not the exotic thing.)See, I have some Euro, some US offshore and some Siemens shares, some property in Brazil. I could keep buying property in Brazil now that the R$ (Brazilian Real) devaluated by more than 40% this year alone, just to discover that the R$ would be devaluated even more. All that said, deflation is not affecting the US as it has affecting elsewhere. Hence people holding USD.

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