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Original text - Engels - If European investors, looking objectively at...

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If European investors, looking objectively at...
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Submitted by nz
Source language: Engels

If European investors, looking objectively at growing US debt alone, prudentially limit their US positions and demand better risk/return characteristics before supplying more capital to the USA, the euro will appreciate dramatically. Local savings will saty in Europe, depressing yields there.
9 November 2006 17:30