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Economy: Stock Market #559656

NBC Evening News for Friday, Nov 11, 1988
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(Studio: Connie Chung) Report introduced.

(NYC: Mike Jensen) Drop in United States dollar on international mkts. reported [Frankfurt, W. Germany, broker Erling JESPERSON - says dollar will drop until President- elect George Bush responds to deficit.] [British financial Anthony BARON - says mkts. will not wait for American to tackle problem of overconsumption.] Stk. Mkt. Report Concern for United States budget and trade deficits detailed. Suggestions by bipartisan experts listed. [Harvard Univ. economy Benjamin FRIEDMAN - calls for consumption tax.] [During campaign, BUSH - says "no new taxes."] Last year's stk. market collapse recalled; scenes shown.

Reporter(s):
Chung, Connie;
Jensen, Mike
Duration:
00:02:30

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