WARNING: U.S. DOLLAR COULD COLLAPSE AT ANY
MOMENT!
Hysterical BS Snipped

( Long article at URL below )

http://www.taipeitimes.com/News/edit.../23/2003068933

The impossible strength of the weak US dollar

. . .

"So why, in the absence of solvency fears, do capital inflows to America
continue?


Investors outside the US can see the magnitude of the trade deficit, calculate
the

likely decline in the dollar required to eliminate it and recognize that the
interest

rate and equity return differentials from investing in the US are insufficient
to compensate

for the risk

that next month will be

when capital inflows into America start to fall.

The fact that so much of the risk from a decline in the dollar falls on those
investing

in America means that the capital inflow has already gone on much longer than
any

fundamentals-watching economist -- including me -- would have believed
possible.

What stories are investors far from America now telling one another to justify
continuing

to add to their exposure to the risk of dollar depreciation? We know that
sooner or later

they will stop believing these stories, and we know what will happen when they
do.


But no economist can say when is "when."
"