SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Currencies and the Global Capital Markets

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ahda who wrote (2870)1/5/2001 4:55:38 PM
From: Henry Volquardsen  Read Replies (4) of 3536
 
Hi Darleen,

We had a Japanese style boom the kind that go kerplunk.

You are not the first person I have heard make this analysis. With all due respect, I think the analysis is based on some shallow similarities and really misses the point. The nature of the Japanese economic structure at the end of the 80s and the US of the last few years is dramatically different. The only real similarity was equity markets. That is not to say there are not excesses in the US that may take time to work off but the US will be doing it with an economic structure that is on much sounder footing and a banking system that is healthier than it has been in decades. (This is where someone will make an observation on derivatives exposure and I'll start speechifying about how misunderstood derivatives are and how they are not a big problem at all smile).

Henry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext