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


To: Wyätt Gwyön who wrote (31542)4/15/2003 1:10:34 PM
From: LLCF  Read Replies (1) | Respond to of 74559
 
<the Saudis alone have $1 trillion in US bank deposits, and another $1 trillion in US stocks. this money will probably stay in the US until the House of Saud falls apart>

I don't know, I see no reason they wouldn't move some coin into Euro's. Money talks, bullshit walks.

DAK



To: Wyätt Gwyön who wrote (31542)4/15/2003 2:29:46 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
This kind of numbers are peanuts compared to the balance outstanding with Japan and Asia in general. Japan and US, chained together, spiked together an hips. Something out of "O Brother Where Art Thou".



To: Wyätt Gwyön who wrote (31542)4/15/2003 3:31:43 PM
From: ild  Read Replies (1) | Respond to of 74559
 
<<<the Saudis alone have $1 trillion in US bank deposits, and another $1 trillion in US stocks. >>>
$2 trill is too much. Got link?



To: Wyätt Gwyön who wrote (31542)4/15/2003 5:57:21 PM
From: LLCF  Read Replies (2) | Respond to of 74559
 
That's nothing. Plus, when things look like shit and everyone else is 'kicking us', you think they're NOT going to diversify? I think they will, but time will tell.

DAK



To: Wyätt Gwyön who wrote (31542)4/15/2003 10:54:16 PM
From: elmatador  Read Replies (1) | Respond to of 74559
 
Darfot, Saudis already pulled out a lot of their holdings from the US. The US freeze the funds of whomever them think is a bad boy.

Tell me, honestly:

If you would be a rich Saudi. Say having a cool USD50million. Would you keep this money within the reach of the US authorities?