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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Robert Douglas who wrote (560)	9/3/1998 7:56:00 PM
From: Frodo Baxter	Read Replies (1) of 3536

Bob, Your concerns about the trade deficits are unwarranted. Capital flows where it will find a good return at reasonable risk. Where in the world is that long-term return better than here? Like I've been saying lately, it's all about increasing returns on a macroeconomic scale. The dollar will be remain strong as long as the U.S. is the greatest civilization in the history of the world.

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