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To: Hawkmoon who wrote (51623)4/17/2000 12:10:00 AM
From: GST  Read Replies (1) | Respond to of 116764
 
Ron: <Well, from a global perspective, if the US economy weakens, then the dollar will weaken. However, we're seeing anything BUT economic weakness. In fact, the weakness that we do see exists in the rest of the global economy where inefficiency and socialistic governmental policies continue to wreak economic havoc. Look at Japan as a prime example.>

I am not sure if you understand how things work so indulge me with a few basics. Each year, Americans import and service foreign obligations from its creditors (yes, the U.S. is the world's number on debtor nation) to the tune of $400 billion dollars -- led by the Japanese, but others as well. If these guys don't invest $400 billion dollars in fresh funds every year the dollar goes down -- get it? If they don't buy more stocks and bonds here AND sell some of their holdings -- oh my gosh, the dollar will go WAY, WAY down. All this hogdirt about the "strong US economy" does not help your argument -- and reveals something about you.