The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (120394)	5/2/2008 11:34:16 PM
From: Jim McMannis	Read Replies (1) of 306849

Asia Getting Fed Up With Bernanke's Rate Cuts: William Pesek bloomberg.com May 2 (Bloomberg) -- Chalongphob Sussangkarn knows a thing or two about volatile currency markets. Until February, he was the finance minister of Thailand, which over the last decade saw its currency plunge too low and surge too high. Yesterday, I bumped into Chalongphob at a Madrid hotel as he grappled anew with the vagaries of exchange rates -- this time as a consumer exchanging dollars. ``I should just get rid of these dollars before they fall even more,'' joked the president of the Thailand Development Research Institute, as we exchanged U.S. currency for euros...more

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