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ex_jew Donating Member (627 posts) Send PM | Profile | Ignore Thu Nov-20-03 01:22 PM
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Foreign investment shrivels
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Investors Flee US Treasuries -
$50bn Down To $4.2bn
Dollar Hits Record Low Against Euro

link: http://rense.com/general44/dollar.htm

<< The dollar fell to a record low against the euro yesterday as data showing sharply weaker capital flows prompted news fears over the funding of the US current account deficit.

Treasury figures showed net capital inflows into the US fell from $50bn in August to $4.2bn in September, the lowest since the near collapse and bailout of the Long Term Capital Management hedge fund rattled markets in 1998. >>


Please overlook the sensationalistic source - it's just quoting the Financial Times of London. How can those pesky foreigners not see that we've turned the corner economically ? Aren't they worried about missing out on our prosperity ? Or are $400 billion deficits and the prospect of national mobilization confusing them somehow...
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