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


To: James F. Hopkins who wrote (40230)10/26/2003 2:20:41 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 74559
 
James just calculate how many jobs overseas the over valued USD generates and how much income tax governments collect .. and then you will understand why a to sharp fall of the USD will hurt the world economies.

Take into account the multiplier effect and the numbers of workers earning a living producing widgets for export to the US are quite substantial.