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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (4743)	3/9/2008 9:53:29 AM
From: Real Man	Read Replies (1) \| Respond to of 71442

Be careful with commodity currencies -g- One positive thing about US current account deficit - it narrowed 22% with Asia... So, there may be light in the end of the dark USD slump tunnel. 72 is a good support. While I expect further dramatic weakening of USD, the end may be there somewhere, as the dollar weakness is starting to work its way into the numbers. The slump of USD already exceeded corresponding slump in Asian currencies in 1997. No manufacturing in the US is in part a myth. Manufacturing jobs indeed suffered, but not the output. So, this is a function of automation and productivity, robots. -g- canada.com news.smh.com.au news.com.au