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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (9646)	3/7/2004 8:33:36 PM
From: yard_man	Respond to of 110194

you missed my point -- for countries selling goods to the US. The absolute rate of exchange with the USD doesn't matter all that much. It is the exchange rate with respect to competitors that matters ... you tell me -- what has the slide in the dollar wrought for the US trade balance?? Just about squat, you say?? I am not looking for ulterior motives -- I'm trying to look at things in the broadest terms -- what Japan is doing isn't about yen/dollar -- it's about yen/renimbi/euro and keeping the credit machine in the US going -- both are key to Japan's continued exporting success.