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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: LLCF who wrote (31566)4/15/2003 6:05:35 PM
From: Wyätt Gwyön  Read Replies (1) of 74559
 
That's nothing.

what's nothing? you think $1 trillion in stocks and $1 trillion in deposits is nothing?

when things look like shit and everyone else is 'kicking us', you think they're NOT going to diversify?

i think you're missing the bigger issue, which is that the Saudi regime will be long gone before they reduce their dollar holdings significantly.

selling dollars will be like closing the barn door after the horse has left. the thing to watch is the horse.
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