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


To: TobagoJack who wrote (24491)10/23/2002 7:41:39 PM
From: westpacific  Read Replies (2) | Respond to of 74559
 
Today, Morgan Stanley wrote the dollar will collapse 20% and the Euro will rise to the $1.15 to the dollar level.

If your looking for a hedge, 10% in EUROS could net you 15% return in the next year.

FYI



To: TobagoJack who wrote (24491)10/23/2002 9:18:17 PM
From: elmatador  Read Replies (2) | Respond to of 74559
 
The difficult to find places for people to invest their money is because:
Invest in Brazil and Argentina: The money goes to pay civil "servants".
Invest in Thailand and Indonesia: The money goes to the friends of the Prime Ministers and the clique that controls governments' machine.
Invest In Europe: The money goes to pay taxes to pay for unemployed people and to pay for six weeks holidays.
Invest in China: The money goes to the local partner who -knows how the 'machine' works- and your only salvation not to be dry-cleaned is to call Jay.
Invest in the US and at least the money doesn't disappear.