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Politics : PRESIDENT GEORGE W. BUSH

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To: Oeconomicus who wrote (515203)12/23/2003 9:21:30 PM
From: JBTFD  Read Replies (1) of 769670
 
The one potentially major downside in a continually weakening dollar is the fact that we are a debtor nation and if the people and countires loaning us money see that the market value of their debt holdings just lost 25% in the last 2 years, they will sell US$ denominated debt and look elsewhere fora better return.

BTW, your entire post was restricted to the discussion within US$ denomination, which I already agreed to.
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