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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (52013)	5/24/2002 9:00:45 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

key currency factor for Asians is relative value vs US$ if all Asian currencies rise the same amount versus US$, fine because no lost competitive advantage on exporting to the Great US Perenniel Supermarket Excessive Credit Driven Consumption Parade for the Benefit of Economic Largesse of course, it should be noted that a significant portion of import spending is attributable to the Mindless Self-Destructive Strong Dollar Policy for the Advancement of US Political Leader Ego and Arrogance sure, let's export 10 million jobs, no problem !!! many Asian corporate leaders believe that a stronger group of Asian currencies is not a problem, provided no change relative to EACH OTHER this comparison with neighboring countries is the key I expect a dollar decline uniformly across Asia in Asia, the gold price held gains at 321+/oz / jim