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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (8659)	11/20/1997 11:26:00 AM
From: geewiz	Read Replies (2) \| Respond to of 18056

John, I think you were the threader who shared some of the Dimes Market letter with us recently, if not excuse this inquiry being directed to you. I recently heard him interviewed; he claims this currency devaluation is going to spread; will it eventually result in crisis of confidence in the $US? All the decline in interest rates works against major debtors, just as it works against homeowners with fixed mortgages. The homeowner can refinance; the US has no options other than calling in debt. So I see this as detrimental to the value of the $US, but instead the world is looking at $US as a safe refuge. Does Dimes have thoughts on this contridiction? thanks, art