Funny money

pms laflame at aaahawk.com
Wed May 29 10:42:03 PDT 2002


Odd, maybe. Never really paid close attention till recently, but as the dollar drops against other currencies, including the ruble, it has gone from buying 9.48 Mexican pesos, like last week, to buying 9.61 pesos today. Seems like a lot, especially considering the contrariness of the move to others. The rand is really strengthening. What can I read to think about war in terms of what was happening with the currencies and such? This seems like the real nitty-critty and with so much at stake I suspect these moves are carefully thought out. Unlike, ya know, forgetting that it might be a good idea to put under-cover agents on NY and DC flights.

Is the Mexican economy that strong Doug?



More information about the lbo-talk mailing list