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To: Joan Osland Graffius who wrote (161024)4/19/2002 4:08:29 PM
From: reaper  Read Replies (2) | Respond to of 436258
 
FCO -- that's interesting. why that one TODAY as opposed to the others? discount to NAV? or is it the currencies you are tying to collect -- it seems to be heavy in natural-resource-rich currencies like Canada & Australia.

Cheers



To: Joan Osland Graffius who wrote (161024)4/19/2002 5:59:19 PM
From: Mike M2  Read Replies (2) | Respond to of 436258
 
Joan, even AL. CON and Bob Rubin say that America's current account deficit is unsustainable. At some point the baby brats will need to save more consume less, the trade deficit must contract at some point. What other nation(s) are willing or able to be the engine of growth? At some point there may be a global contraction while the US private sector restores their balance sheets. mike


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