Mish's Global Economic Trend Analysis Message Board

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

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To: SouthFloridaGuy who wrote (83340)	8/17/2008 9:42:28 PM
From: Proud Deplorable	Read Replies (2) of 116555

"I suspect the dollar has probably bottomed as there isn't very much real estate in terms of rate cutting to go, while the Europeans and British can cut away." You're falsely assuming the dollar can't fall without a correlation to interest rates. Japan went to zero and that's where the USD is going IMO except back then Japan had stuff the world wanted. The USA has nothing it manufactures that the world needs or wants. The proof of this is a USD now at 140 Euros and still US car companies are going under. What more proof does one want?

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