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

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To: Oblomov who wrote (25542)	1/30/2005 11:36:29 AM
From: Jim Willie CB	Read Replies (5) of 110194

multinational operation assets already held in US$ ??? that sounds inconsistent and incorrect each passing month at earnings time, we hear of multinatls enjoying a lift from conversion of foreign earnings into US$ if that is so, then that implies they were held in foreign currencys not in USDollars or are we talking about EuroDollars held in Europe, but in US$ denomination ??? if so, then maybe not inconsistent and incorrect to be honest, unsure what exact form of "money" a EuroDollar is wondered for long time if it is really a bond since it contains a yield I suspect it is some of both time for Mishedlo to surface here (PLEASE) agreed on salubrious to US soil, but doubt to US Economy if corporations are flush with cash, but are not investing it inside the USEcon, then repatriation will only add to their surfeit of cash held, unspent, uninvested I still believe a whopping sum will be converted to US$ but the timing will coincide with the challenge of DXY=80 THE LINE IN THE SAND BELOW WHICH IS THE "BATTAN DEATH MARCH" / jim

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