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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (9853)	11/28/2002 12:08:50 PM
From: Jim Willie CB	Respond to of 89467

that is why I believe BoJapan and EuroCB are buying US$ the Exch Stab Fund (PPT) has been very active since July that is when the urgency became very apparent in the last two weeks, the Japanese CB has been busy their export business is vulnerable to US$ decline Sony is reported to have urged BoJ action I have noticed since mid-Nov, dollar has gone from 117-118 to 122 now the Euro popped up to parity $1.00 last week but now is back under parity again these Central Bankers see the extreme risk to the US economy if the dollar declines much more I expect four separate declines of 10% one down, three to go the next comes this winter no question in my mind of its occurrence / jim