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echo: tech
to: TOM WALKER
from: WAYNE CHIRNSIDE
date: 2005-04-23 16:39:04
subject: Currency.

-> WC>We're outsourcing our jobs and the trade deficit was 56 BILLION
-> WC>against the U.S. for January alone.

->  The Trade DEficit is Highly Over Hyped as a real problem. In Fact the
->  US dollars being used as a defacto World Currency is a PLUS for the US.

Yeash and that too is changing dramaticaly with many coutries either
balancing their investments or replacing the dollar with the Euro
which has rapidly gained value in respect to the U.S. dollar.

->  Taht gives Countried holding large stocks of it a VESTED interest in
->  our economy and in some measyre will protect it. THEY stand to LOOSE
->  big time if the Dollar Crashes.                          

Things keep going like they are and China will OWN the U.S.
in 20 years.

When countries lose faith in the falling dollar 
they'll no longer support our debt finding our dollar a bad
investment.
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