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To: SouthFloridaGuy who wrote (96678)4/20/2001 6:46:50 AM
From: MythMan  Read Replies (4) | Respond to of 436258
 
It tells me that a lot of Europeans live there. I've been to Brazil before. They only wanted dollars there. And doesn't Argentina actually use the dollar as official currency?

>>Out of curiousity, do you know the relationship between current account and capital account and the implications on a currency...any currency...when one is in deficit?<<

yeah I do, but let me say this.....I've heard this crap on this board for 4+ years. The dollar has held up nicely vs the other so-called powerhouse currencies. imo, there is more to the strength of a currency than econ 101, 102 & 401 -g-