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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (3399)7/18/2001 7:18:35 AM
From: Moominoid  Read Replies (1) | Respond to of 8150
 
I'm just assuming that the USD won't stay this overvalued forever with such a huge current account deficit. But the usual trade related equilibrating mechanism isn't working because the investment flows have gotten so big. I mean I'm not buying any more US assets until it's much lower. I've sold US dollars on and off for the last 5 years. But it just kept going up! Nobody else seemed to be worried.