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


To: Mike M2 who wrote (11289)1/8/2003 2:39:24 PM
From: S. maltophilia  Respond to of 89467
 
online.wsj.com
The dollar fell sharply against its major rivals Wednesday, bruised by word of an influential bond investor calling for a weaker dollar to fight deflation.

Bill Gross, managing director at Pacific Investment Management Co., argued in his January outlook piece that a lower dollar would be a boon for numerous economic problems. Those problems included negligible growth in Europe and Japan, as well as the excessive current account deficit currently run by the U.S., Mr. Gross said.....
pimco.com (first item on page)



To: Mike M2 who wrote (11289)1/8/2003 3:45:12 PM
From: American Spirit  Read Replies (1) | Respond to of 89467
 
Secret of Clinton success was balancing the books.
Bush is like a corporation which boasts about its cash but hides its debt.