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To: Crimson Ghost who wrote (75244)	10/1/2000 4:06:15 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

Gerhart "I love the dollar" Schroeder? Ah yes my friend, good ole Gerhart, a social democrat after my own heart. If I recall Gerhart ammended his irresponsible statement after having been given a rather stern lecture by some CB. Probably his own. I would have liked to have been a fly on the wall during that whuppin behind the outhouse. Frankly George I don't know why this is so hard for people to understand. The G7, the ECB, and the IMF have all stated that the dollar is way too high and threatens the worlds financial stability and that it remains a high priority, a matter of policy, to lower it substantially. What's not to understand? This is becoming a matter of survival now. It's not just some flash in the pan photo op. BTW After the Danish fiasco, both Germany and France anounced plans to speed up scheduled EC reforms. When the US BEAR is over Europe will be a good place to stash some cash, demographic cycles now will favor Europe over the US.