[lbo-talk] $:E 1.12

Chris Burford cburford at gn.apc.org
Mon May 5 23:55:08 PDT 2003


About the summer of last year Soros predicted a fall of 30% in the dollar. We are now approaching that.

Will the US now stabilise at this position, having got the advantage of lower export prices? And will the loss of inward investment stop, now that the fall is near completion, with new investment in the USA is more likely to appreciate than depreciate?

Chris Burford London



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