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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (2677)	12/24/2000 10:45:37 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 3536

No, Ron, they would not be in a trade surplus, we were the only one with steel mills still standing and fully operational and needing an outlet since we were no longer building tanks. They ran trade deficits for more than ten years until they started to rebuild their infrastructure. As for the dollar, short term, I did not disagree with you, I stated the yen will go possibly as low as 130 yen to the dollar, but once Europe get off that Euro stuff (if they do), then individual currencies like the Deutchmark and een the pound could do (even the yen on its way back from 130 yen/dollar). I believe I stated that this is a scenario for two to three years down the road, not short term. Zeev