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To: goldsnow who wrote (58015)	9/10/2000 11:28:21 AM
From: Alex	Respond to of 116791

The Signpost Up Ahead In 1985 the dollar dropped from 240 to 140 yen and 3.3 to 1.8 Deutsche marks. The current account deficit as a percent of GDP is nearly 50% greater now than in 1985. I'm aware there are often mitigating circumstances cited, not least among them the well-worn "It's different this time." Q1/1985 Q1/2000 Current Account -23.52b -102.30b GDP 4109.70b 9752.70b CA % of GDP 0.57% 1.04% piraz.com