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

To: TobagoJack who wrote (33812)	5/16/2003 12:57:29 AM
From: smolejv@gmx.net	Respond to of 74559

>>Countries which sell to the US, especially Asian countries, have a choice of two potential sources of pain. They can either let their currency rise and sell less to America or they can take dollars which will have real downside risk. << The latter has been going on for long enough time for everybody to start thinking about the alternative. Or we all got tired of the ride up the rollercoaster - can we have a downride and a twister and a double-barrel now pls(ng). EDIT >>Until the rest of the world and especially Asia can wean themselves from dependence upon the American consumer, the dollar will remain artificially high. << Amen, for the good of us all. But, it will be painful for some time coming.