Rakesh Narpat Bhandari wrote, >And the size of the CAD (and trade deficit) is not correlated with >the value of the dollar; if it were there would be some reason to >expect Tom W's scenario of an imminent mass dumping of dollars. Why >does there seem to be no correlation? Ellen's analysis seems to >provide an answer. The tag line "spend it fast as you can" was meant to allude to the line in the song, "I don't give a damn about a greenback dollar, spend it fast as I can" not to any conviction of mine that the demise of the dollar is imminent. If... IF... there is a mass dumping of dollars, the precipitating event will most likely NOT be the fundamentals of the dollar itself. My guess is it will probably not even be a "financial" event. The lack of correlation between current account deficit and value of the dollar has nothing to say about future events. In fact, the term "correlation" has no more scientific standing with regard to the issue than do the words to the song I cited. Tom Walker Bowen Island, BC 604 947 2213
- Re: The US Dollar (spend it fast as you can) Tom Walker
- Re: The US Dollar (spend it fast as you can) Ellen Frank
- Re: The US Dollar (spend it fast as you can) Michael Pollak
- Re: Re: The US Dollar (spend it fast as yo... Ellen Frank
- Re: Re: The US Dollar (spend it fast as you ca... Rakesh Narpat Bhandari
- Re: Re: The US Dollar (spend it fast as you ca... Michael Perelman
- RE: Re: Re: The US Dollar (spend it fast as yo... Max Sawicky
- Re: Re: The US Dollar (spend it fast as you ca... Tom Walker
- Re: Re: The US Dollar (spend it fast as yo... Rakesh Narpat Bhandari
- the almighty dollar Ellen Frank
- Re: The US Dollar (spend it fast as you can) Tom Walker
- Re: Re: Re: The US Dollar (spend it fast as yo... Jim Devine
- RE: Re: RE: Re: Re: The US Dollar (spend it fa... Max Sawicky
- Re: RE: Re: RE: Re: Re: The US Dollar (spe... Michael Pugliese
- Re: Re: RE: Re: RE: Re: Re: The US Dollar (spe... Rakesh Narpat Bhandari
- Re: The US Dollar (spend it fast as you can) Yoshie Furuhashi
- Re: Re: The US Dollar (spend it fast as you c... Michael Pugliese
- RE: Re: Re: The US Dollar (spend it fast ... Max Sawicky