Date Posted:13:59:01 04/28/03 Mon Author: Naval Vithalani Subject: Denial
.....there is a perception in certain quarters tht the world cant live without the USD..everytime the euro touches 1.10 we have anybody n everybody jumping around n callin the end of the euro` world....there is a denial tht the world cant live without the usd.....the reality is tht the show will go on....
wht most guys forget to take into consideration in the equation is tht the US has a DEBT problem which most guys are ready to forgive and forget...thts if u read some views....u cant run your car on borrowed petrol everyday ....someday someone` gonna say enough..we wont lend u the petrol to move an inch......come on we have 25% of production capacity sitting idle n u expect manufacturing survey to go up to the Roaring 90s levels...??..... i think am the only one here..who still think tht we`re seeing the begining of something big with respect to the usd...