To: samim anbarcioglu who wrote (121796 ) 7/19/2002 2:40:45 PM From: Jim Willie CB Read Replies (1) | Respond to of 152472 you are clueless, next is simultaneous world recession you will get your cheaper dollar benefits ONLY AFTER the recession (if not depression) cleanses the excesses and heals the sick balance sheets we live in a debt-based economy health is defined in terms of capability in floating larger and larger amounts of debt as opposed to a definition based on savings ability, which would fund our own spending instead, we rely on our foreign neighbors to pay for our entire standard of living and our entire socialist system, and our entire world policing sentry duty banking systems are built atop reserves of debt instruments IT IS ALL BACKWARDS the declining dollar will expunge these economic heresies, flaws, and evils it will utterly shock you but in your ignorance, you will blame the wrong things only after the bulldozer of DEFLATION wipes the slate clean can American exporters benefit our customers abroad will be enduring severe economic shock most of Asia will experience early depression, before us we Americans are now working at the 3rd floor on a steep ladder (with unprecedented high dollar values) our dollar creates higher costs for exported goods we would do well to very slowly descend the ladder so that we could adjust gradually in a healthy way we would be able to work more effectively on the ground floor (with parity in currency exchanges) instead we are being pushed to the ground we wont be able to work, because we will have broken arms, legs, and backbones after a long healing process, then we can work at the ground floor level you are clueless and so are 80% of American investors the illiteracy of Americans will become a major issue / jim