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To: Claude Cormier who wrote (2294)9/21/2001 2:55:20 PM
From: russet  Read Replies (1) | Respond to of 4051
 
The US dollar:
was and still is most of the industrialized world's currency for today at least, probably because the US consumer is a big engine of growth for the world. Perhaps we should start watching the Swiss franc, I hear Euros and dollars are being dumped, but the money is ending up in Swiss assets(bank accounts?). However rumors abound that the Japanese are selling everything to buy the US dollar, perhaps because they know their economy depends on that US consumer having that strong US buck to continue to buy, buy, buy,.. especially considering the Japanese consumer jumped into the bunker years ago.

Kondratief waves:
In making up a theory, the theorist looks to the past for the data. When the future fails to be predicted, the theorist tweaks the theory to account for the deviation. How many tweaks and fudge factors are in the Kondratief wave theory now,...didn't it start out as a simple sine wave (ggggggggggggggggggggg). Perhaps they got sea sick.