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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: pezz who wrote (20996)7/9/2002 5:17:29 AM
From: LLCF  Respond to of 74559
 
<As a serious question. Haven't we had a ever growing trade deficit for a long time ?...Why should it be cuz for concern now? >

Cause $ assets are imploding. He's talking about things that supposedly affect the $, he left out the most fundamental one. Fact is foreigners have been buying US debt at a rate of $2billion a day, now they seem to want lower prices.

DAK