[lbo-talk] $:E 1.12
Chris Doss
itschris13 at hotmail.com
Tue May 6 00:12:22 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
---
Well, it's good news for Russia in any case. All that expatriated capital
invested in the NYSE is coming back home. Die, dollar, die!
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