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To: Wayners who wrote (123426)4/10/2001 4:00:45 PM
From: Skeeter Bug  Respond to of 164685
 
>>I'm going to have to do some research on Inodnesia's trade deficit to GDP and maybe some other devaluation examples like Mexico and Turkey to get a better idea of how high the deficit has to be in order to spur a currency devaluation.<<

wayne, man, you are working! appreciate your input and look forward to hearing from. i'm not necessarily suggesting soup lines for all. rather, the trend in debt and savings will eventually revert to the norm and that will lock up some demand. this, in turn will cause folks to lose jobs. which, in turn will lock up some demand.

a classic negative spiral. i see excesses that need to be wrought from the system.

at least the masses are revisiting the "one decision to riches - just buy good companies at any price" mentality.