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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Step1 who wrote (464)8/23/1998 10:15:00 PM
From: Frodo Baxter  Respond to of 3536
 
>Is my reasoning correct here?

You reasoning is correct. But Canada is perhaps not the best example. Look at Russia instead. Anytime they need money, they print more rubles. Anchoring a currency is a financial straitjacket. For some governments, that's preferable. First do no harm, n'est pas?



To: Step1 who wrote (464)8/25/1998 12:59:00 AM
From: Step1  Read Replies (2) | Respond to of 3536
 
What was the US budget deficit in 1997? What are the projections for 1998?

Does anybody have a very rough figure (give or take 5 billion)?

thx
sg


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