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Politics : Foreign Affairs Discussion Group

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To: bentway who wrote (248823)	11/19/2007 8:50:02 AM
From: michael97123	Read Replies (1) of 281500

Erin Burnett in UAE talking to ruler and business folks says that they are chomping at the bit to use petrodollars to buy US assets with cheap dollar. One guy was looking for hotels and an another to pick up an american homebuilder. Banks are always in play as well. FWIW, they view the american economy as ready to take off in the next six months-one year. She is on all day today on CNBC. I think she has a solid hour somewhere during the day. You may want to watch unless you dont want to have your preconceived notions challenged.

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