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To: yard_man who wrote (223004)	2/20/2003 7:24:20 PM
From: mishedlo	Read Replies (1) \| Respond to of 436258

"I'm still waiting for the trade deficit to be a problem"???!! Is that a joke?? Tippet that sentence was so absurd (sorry grace), that I could not even fathom a response. That is one of the biggest problems we have. Perhaps Earlie will explain it to her. M

To: yard_man who wrote (223004)	2/20/2003 8:07:39 PM
From: GraceZ	Read Replies (1) \| Respond to of 436258

The USD is the reserve currency of the world, Grace. No chit? ....and people accuse me of writing in a condescending manner. -g- Japan is in a much better situation, if they would can some of the government expenditures and printing After all their assets and currency have out performed the US for the last decade, right? It must be so, they have a surplus and a surplus is good. Deficit bad, surplus good. During all these years of rising trade deficits the dollar rose and rose. Now the dollar drops and it is because of the rising trade deficit? Trade deficits always have offsetting foreign investment flows, they can't exist without them. The trade deficit falls so do foreign flows, the inflow falls so does the trade deficit. One begets the other.