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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (70519)	10/26/2007 2:29:08 PM
From: Archie Meeties	Read Replies (1) \| Respond to of 116555

"Given where we are now - what could be done to strengthen the dollar? " Given where we are now - with trade imbalances and an enormous overhang of debt, why would anybody want the dollar to strengthen?

To: Steve Lokness who wrote (70519)	10/26/2007 3:30:21 PM
From: benwood	Read Replies (5) \| Respond to of 116555

"what could be done to strengthen the dollar?" Let's review the past few years. Plan A Action: Public comment of the US Strong Dollar policy Plan A result: dollar decline from 120 to 110 Plan B Action: Reiteration of the US Strong dollar policy Plan B Result: dollar declines from 110 to 90 Plan C Action: Proclamation of the US Strong dollar policy Plan C Result: dollar declines from 90 to 80 and rebounds slightly Plan D Action: Declaration of the US Strong Dollar Policy Plan D Result: dollar breaks decades old support of 80 Plan F Action: Continued support of the US Strong Dollar policy but being happy about the decline Plan F Result: F... Dollar at 77 and circling the drain So what will Plan Gee be? I'm kind of guessing pissing into the wind followed by another proclamation of the permanent Strong Dollar Policy.