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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Tom Clarke who wrote (37830)9/19/2000 12:00:43 AM
From: TigerPaw  Read Replies (1) | Respond to of 769667
 
"It's going to mean a much weaker dollar. I don't think it's going to tumble in the next year, but I do think that some time in the next decade, it's going to tumble."
Last year it cost $1.05 to buy a Euro, Now it cost's $0.86 . If we get back to parity, which we will if the European economy recovers, then that alone will appear as a tumble in isolation. I would have to agree that the U.S. dollar cannot maintain this level of strength forever.
TP



To: Tom Clarke who wrote (37830)9/19/2000 8:14:33 AM
From: DMaA  Read Replies (2) | Respond to of 769667
 
"We have to reduce our dependence on foreign capital -- which is at least as important as our dependence on foreign oil.

If you make it welcome it will come. That's a good thing. Abuse it and it will leave.


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