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Politics : Ask Michael Burke
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To: Mike M2 who wrote (72324)12/24/1999 11:41:00 AM
From: Knighty Tin  Read Replies (3) of 132070
 
Mike, I agree except that we are looking a a 6.5% long bond and 101 yen to the dollar, neither of which AG wants on his record. If he keeps on being easier than Madonna at Ricky Martin's condo, then one of these days the bonds and the buck will take mega swoops down and he will have no choice. I keep thinking he will see that risk and take preemptive action. But, if not, the bond vigilantes will eventually hang him.

I still expect the crash before the end of the 20th century, which gives me a year and 7 days. <g>
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