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November 04, 2004

Post Party Blues

European and Canadian manufacturers are looking at this week's election results skeptically. With the US dollar in serious need of Cialis (since it lasts longer) 'peans and Canadians were holding out hope that a decisive victory would provide an elixir. But mounting debt needs to be offset by high exports, so don't expect the dollar to start -- ahem -- performing again soon. And while that should be good for American goods manufacturers, they too are feeling the rise in imported materials costs. Seems a flagging dollar isn't good for anyone.

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