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To: GST who wrote (128550)7/18/2001 7:40:51 PM
From: schrodingers_cat  Read Replies (2) | Respond to of 164684
 
> Now think about it, where is $400 billion of FRESH CASH going to come from in other
countries?


Well, since the dollar is still strong it must be coming from somewhere. Maybe the Mid East? Russia? Fleeing troubles in Indonesia? Fleeing devaluation risk in Latin America? Why not Japanese looking for better opportunities than the very low interest rates available in Japan? Or Europeans worried about the fall-out if the Euro should fail?

Bottom line: If things are so bad for the dollar then why does it stay strong even after the Nasdaq melt-down and the US economic slowdown?

Edit: And if it falls won't it then reduce the trade deficit that makes it necessary to attract so much money in the first place? Won't that prevent a crash?