P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: t2 who wrote (20153)	12/15/2002 12:41:26 PM
From: Win-Lose-Draw	Read Replies (1) of 30712

t2, the/a problem is the benefits of being a huge importer are counterbalanced by the significant downside of having your currency held - and to a degree controlled - by the people you are importing from. what prevents them from using that hammer is the fact that we keep importing: threaten to reduce that and they may as well use the currency hammer to retaliate. it's a two-edged sword. for both sides. i believe the technical description is co-dependency. -g/ng- the US is looking decades into the future ant-decades, maybe. the powers that be in the US have demonstrated a tremendous capability to see absolutely nothing beyond the next election.

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