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To: GST who wrote (128529)7/18/2001 6:20:36 PM
From: schrodingers_cat  Read Replies (2) | Respond to of 164684
 
>What happens when they need to cash in some of their chips in our markets...

Good point. I guess the Japanese might be candidates for this. However, I still think that the relative attractiveness of US investments to foreigners will help to stop any slide from becoming too drastic. There is always going to be money fleeing troubles in other parts of the world.

A lower dollar would probably help the US economy by making our exports more competitive and by reducing competition from imports. Of course it would make it more difficult for the Fed to cut rates.