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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.43+1.6%Nov 10 4:00 PM EST

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To: bobby beara who wrote (72408)3/16/2001 9:50:04 PM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
BB, Would not disagree with you but to wipe out the trust in fiat money and worthless pieces of paper will take several years.

Aside remember that "money" as we now define it, is nothing more that a piece of paper issued by an government. Japan stock market after hitting 36,000 or 37,000 dropped to around 20,000 and after 10 years is still trading around NAZ level of today and there is no comparison to the resources of Japan and US. As such I conclude that the drop in the NAZ is much more severe as the drop in the Nikkei.

CB's would do anything to save their best scam in the world and that are the stock markets. If people will lose faith in stocks, they will lose faith in paper "money" and the world will face total financial collapse.

As to Bush I voiced more than needed my opinion on SI. Real budget surpluses were never there and over 5 trillion in real debt is still outstanding. His tax plan is a scam to enrich those 2 or 3% of the population who are already very rich.

BWDIK
Haim

BWDIK
Haim
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