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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (84368)10/18/2000 10:45:57 AM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
T, one could also argue that the extreme leverage of the bubble suggests that it may unwind quickly. In addition, the strength of the US dollar will be transitory due to deceptive overstatement of the strength of the US economy and heavy borrowing from abroad. Currencies tend to overshoot - running on momemtum and can turn abruptly. mike