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To: PaulM who wrote (33838)	5/13/1999 9:42:00 PM
From: Ironyman	Respond to of 116795

Paul,,, The deficit will be paid back when we stop purchasing foreign goods and all those dollars come back at us. This will happen with regard to overproduction. The mother of depressions will fall upon us unless the dollar becomes the world currency or another world war evolves and allows redistribution of assets. By the way, Gold is the only product which is not in overproduction. Regards, Eric Parde

To: PaulM who wrote (33838)	5/13/1999 10:18:00 PM
From: Gord Bolton	Read Replies (2) \| Respond to of 116795

You have a very interesting way of looking at the balance of trade problem. The one thing that the U.S. is marketing better than anything else is the U.S. dollar which may be invested in the U.S. stock market.(which outperforms the dollar) As long as the U.S. dollar(and the U.S. stock market) is appreciating against commodities and other currencies it is a desired commodity in itself and allows the U.S. to continue importing more that they export. If the U.S. stock market took a big dip I expect that a lot of the U.S. dollars would be vapourized and the remaining bills in circulation would be significantly devalued.