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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: TimbaBear who wrote (8517)4/21/1999 10:51:00 PM
From: Robert Douglas  Read Replies (2) | Respond to of 9980
 
It would be a negative if we had to persuade foreigners to hold our assets by paying higher interest rates. It could also have an adverse effect on the dollar, if for some reason too many dollars were dumped on the currency markets.

These are just the ordinary workings of the markets and aren't, per se, bad. If we want to buy foreign goods at cheap prices, more power to the U.S. consumer. The current situation has resulted more from a situation of American strength rather than weakness. Of course I am the thread's optimist.

-Robert