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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Jonathan Babb who wrote (12488)8/7/1998 12:53:00 AM
From: Investor-ex!  Respond to of 18691
 
Jonathan,

More of the same only more of it!

US export market shrivels, imports balloon, domestic producers cringe, trade deficit probes new depths, protectionist sounds are heard, tax revenues fall, jobs lost, unemployment expenditures rise, and, eventually, the US$ undergoes a competitive devaluation.

Plus other stuff I don't like to think about...



To: Jonathan Babb who wrote (12488)8/7/1998 1:58:00 PM
From: BelowTheCrowd  Respond to of 18691
 
Jonathan,

Investor-Ex pretty much summed it up: Nothing good happens.

However, I think you posed the wrong question. At this point it is looking more like a question of WHEN they devalue, not IF.

mg


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