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jayhawk 5

05/26/03 8:44 AM

#111218 RE: Ace Hanlon #111216

The $ has primarily devalued against the Euro. And what happens when it also devalues against Asean currencies? Repercussions everywhere. It is obvious to me that we cannot continue our current trade-balance deficit forever. IMO the transition will be painful, however, with that pain will come transition opportunities, internally, and internationally. And, the pain will not be born by the US alone. When we stop buying all will suffer.
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porter

05/26/03 3:03 PM

#111259 RE: Ace Hanlon #111216

<While it may sound innocuous, the possibility of such a move ...>
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George, I'm ready to join the illustrious group of writers that continue to churn out these articles. I have the time and the command of the language, so where do I sign up, partner. Do you want me to write by the page or by the word. Actually Charlie Dickens did it it by the word so you ended up with "It was the best of times, it was the worst of times..."

All these articles, ad nauseum, pose a controversial event and then build from there. May I label it the Bermuda Triangle of Finance. (It's never mentioned that The Bermuda Triangle is one of the safest areas to fly in!!)

What would you think George if I said to you that you need to increase your home insurance in the event you suffer major damage from a 900mph storm. Let us then spend the next hour reviewing each item of coverage in your policy. Nevermind that we do not have 900mph storms in your neck of the woods.

Everyone of these articles starts off with a questionable premise, then a disclaimer, and then material that expands on the premise.
Hey, sign me up, bud.
And make sure you pay me in high denomination "dead presidents."

So have any of these clowns been abroad of late? Name me a country that does not want to hold dollars. We are the currency of preference, mon amie. Have you found Japanese students who can't wait to go home? Can't wait to trade in those ugly Washington heads for yen? Hai? Entienda?

So maybe we should have a law preventing financial writers from using the words: "may", "possibility" and "if."

Remember now:

"If frogs had wings they could fly" and then they would fly through all of the windows in your house and then you would need our new "premium frog coverage" plan. This plan, however, does not cover toads. If you wish to have that plan there is a special deductible and a La Jolla Gold Premium Russell rider that will have to be included.

You also can buy a "One Million Dollar Kermit Umbrella Policy" that will cover flying reptiles as well as amphibians.

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Now a "Gross" Bond Bubble (G.B.B.) we can agree upon. Mixing apples and oranges here, I'm looking for a 3.5% fifteen year mortage(4.25% thirty year) to mark the bottom. That's comin' down the road on the back of one of those toads you're refusing to pay coverage for.

Regards
Porter