Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

Zeev...

I agree completely. Although it is under-reported and not often discussed, the balance of payments/current accounts deficit problems are at the crux of the current weakness in the $USD and also why the dollar can be expected to continue falling. As is does, either rates will have to come up or (more likely) foreign capital will be taken out of our economy - either is very negative for both our economy and the equities markets.

mlsoft