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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Haim R. Branisteanu who wrote (9857)7/26/2004 3:27:28 PM
From: Jim Willie CB  Read Replies (1) of 116555
 
thus, an endless US$ decline

what few seem to appreciate, is that the US Economy is not the primary arena for tangible capital investment
it is the source of investment capital

so one can conclude the US financial sector is a hedge fund

as long as jobs are being exported
and debt is piling up
and govt spending spirals upwards

the USDollar will continue to crater

when foreign confidence declines later,
look out below, because the US$ decline will accelerate

/ jim
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