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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Paul K who wrote (84402)2/9/2000 3:24:00 PM
From: Earlie  Read Replies (1) of 86076
 
Paul:

I posted a note on Dec 14 in which I noted four possible "triggers" that could end this bubble before April. One of them was the Japanese situation. Sounds like I am not the only one who sees their economic implosion/exploding public debt as a problem, although at the time, it was a "lonely" point of view. (g)

Best, Earlie

PS. Most investors have conveniently forgotten that Japan has been the world's "banker" for the last decade or so. That banker has fallen on his sword. There is no visible replacement. What Greenspan is doing is a far cry from being a banker.
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