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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (36629)1/21/1999 10:49:00 PM
From: sammaster  Read Replies (2) of 94695
 
any thoughts on the china crisis?
our deficit to china is huge and they may have to devalue if the latin america crisis gets worse....
that would make our exports sink even lower....
after devaluing they may repatriate american dollars that they have gotten from the widening trade deficit with us....

what happens if the japanese decide that the yen has bottomed and the dollar will weaken from its exposure to latin america....start repatriating their american equities....

samir
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