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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Shack who wrote (965)3/9/2001 7:58:07 PM
From: Davy Crockett  Read Replies (1) of 5144
 
Hey Shack, nice (but scary) chart

Have you seen this article from Morgan Stanley Dean Witter?

It's very, very scary. Note today's date. I lifted it from Les Horowitz of the MDD thread.

However, if Japan does not restructure but reflate, it could become either Thailand today or Germany in the 1920s. The former has a weak currency, weak growth, and low but positive inflation. The latter had economic chaos and hyperinflation. Either scenario would have a terrible impact on the region and
Which direction Japan will take is a huge uncertainty hanging over Asia. If Japan makes a mistake, the consequences for the region could be considerable. Let us pray.

msdw.com

Regards,
Peter
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