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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: LLCF who wrote (1475)5/19/2003 10:34:06 AM
From: Mike M2  Read Replies (1) of 4905
 
DAK, some of the import product price inflation caused by the decline in the US$ may be offset by the reduction of demand. There is no other nation willing/able to consume to excess like the US. Remember cheap oil after the Asian tiger bust? In the 30s some said the US was unwilling to buy the global surplus goods ( buyer of last resort)- can't say that this time! Mike
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