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To: Jim S who wrote (37465)7/21/1999 6:04:00 PM
From: Bobby Yellin  Read Replies (2) | Respond to of 116770
 
Hi
I am looking for what might cause the mighty dollar to fall..which should lead to a rally in gold..(famous last words)..so the trade
deficit is a major focal point..
I thought that article pointed to why the trade deficit might not mean what people think it means..



To: Jim S who wrote (37465)7/21/1999 6:34:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 116770
 
Then Jim, I would like to ask you a question. Since China only made 35 cents (hard currency) on each doll, but the US wants China to buy $2 worth of US goods, and also remember China's currency is not hard currency, then where China is supposed to get that $1.65 hard currency to by US goods? After all, China cannot print US $, everybody should know that. Maybe you have a solution, I really would like to hear it.


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