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To: Chip McVickar who wrote (10741)12/10/1997 3:07:00 PM
From: Bonnie Bear  Respond to of 18056
 
thanks..but no thanks....I don't see the dollar falling....what could it fall against?
the euro?? besides, in multinationals, the exchange rates are not real problems. asia got stuck because its currency fell against unhedged loans made in U.S. $$. and was used as an excuse for defaulting bad debt that was going to default anyway. currency devaluation was an excuse, not a cause.