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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (67505)	11/21/2003 11:55:33 AM
From: robert b furman	Read Replies (2) \| Respond to of 94695

Hi Vi, What confuses me is why we have a strong dollar with the printing of money. I guess this is one of those lags. Central banks accumulate dollars resulting from trade deficits-then spend them to insure our dollar is unfairly high relative to their intervened currency. It sounds like a political thing and most fight mightily to keep it that way. I don't see a big deal about this - it is consensual. It exports jobs to the countries that have a small industrial base relative to a large worker base. This makes sense. Past industrial countries evolve into service oriented economies.No big deal. At the age of 19 I worked for GM @ U.A.W. assembly operations.It was better than poverty but it was not a desirable job at all loud dirty dangerous and worst of all BORING. I don't miss these industrial production jobs going elsewhere.JMHO I do not see the doomd day scenario you predict. If you were in England in the industrial revolution - you could've said the same thing and it didn't happen. JMHO Bob