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To: Jim Willie CB who wrote (2462)	1/7/2003 10:21:00 PM
From: ubetcha	Respond to of 5423

Jim Willie CB, Why it was up over 1/2 today. It must be coming back. Why the big comeback will parallel the new irrational exuberance that will occur in the stock market in honor of Alan G>. A birdie told me so! With all the money pouring into the economy the $ will go the way of all excess and be looked at as paultry. Some sucker will still want more. Terry

To: Jim Willie CB who wrote (2462)	1/8/2003 2:02:11 AM
From: d:oug	Read Replies (1) \| Respond to of 5423

The next to last person you want to agree with you is me, but in my limited scope, i do :o) Hard for me to accept the fact that the masses have not lined up to accept you as both a voice to warn about the danger, but also to ask you what steps can be taken to limit the destruction of acquired wealth, be it fiat savings or property or other hard assets. . A view i see in the time frame of 2003 - 2004 when those items you have detailed start to become facts with enough magnitude that the mainstream news will cease the current babble and have no choice but to report hard economic times have arrived in force, and i'll use your mention of the car industry as example as that which will ripple massive jobs loses once too much over debt folks stop buying new cars. To me the first red flag will turn up as the unemployment figure increases and feeds on itself as you have described, being folks with no paycheck don't spend money, causing stores unrelated to their lost job industry to be hurt. . At this point the worth of the US Dollar to USA citizens relative to foreign goods may not be a concern no matter the exchange rate if the usa folks simply stop their buying except for what necessary, as food, shelter and reduced energy consumption. . If the just mentioned becomes reality, then i'm guessing that debt will be ignored by most except for those that will lose certain objects attached to them like cars and homes. . With less buying at Wal-Mart, the Chinese goods will not be needed as now in great quanity, but enough demand will overpower the fact you mentioned that the USA manufacturing structure was moved overseas for cheap labor costs, so what companies currently now in production in the US might be good investments now before they get into a better supply-demand mode and raise prices. . Also, might Canada and Mexico become the next cheap labor force for goods needed by the big usa population if the US Dollar's decline is less felt their than overseas like China that seems to acquiring physical gold ? doug