gummigut Posted January 28, 2003 Report Share Posted January 28, 2003 US trade deficit? This is not a new issue. Indeed, much of world growth is based on this Budget Deficit as a function of GDP... This is not a major issue in the short run. the Clinton gov't did an excellent job in putting the finances in order and Bush has got a whole lotta room to play with (though it is fair to say it started with Bush Sr., but not by his choosing and Clinton did a great job fiscally). If you feel that strongly, than you should short the $. Personally it's not a bet i would take. <<burp>> Link to comment Share on other sites More sharing options...
Mentors Posted January 28, 2003 Report Share Posted January 28, 2003 Peter1964: Todays CNBC, the EUR is 1.0710 against the USD. Will it go further to 1.1000 and when? soon very soon! Link to comment Share on other sites More sharing options...
ALHOLK Posted January 28, 2003 Report Share Posted January 28, 2003 That would depend heavily on how many countries mr. Bush plans to invade in the forseeable future. I remember in the seventies when the US$ was at an all time low due to the Vietnam war. I have rarely seen my mother (born Canadien) so happy as when the US$ went below the Canadian $. Link to comment Share on other sites More sharing options...
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