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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (17681)8/13/2004 10:28:01 AM
From: Jim Willie CB  Read Replies (1) of 110194
 
a strange effect coming, foreigners gather US$ to pay 4 oil

oil is denominated in USDollars
countries like Japan and also European Union import over 95% of their oil

they will accumulate USDollars to ensure payments
weird
bigtime volatility coming in currencys
trade gap forces correction in US$ downward

/ jim
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