Booms, Busts, and Recoveries Message Board

STOCKTALK

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 : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maurice Winn who wrote (6055)	7/19/2001 8:57:51 PM
From: TobagoJack	Read Replies (1) of 74559

Hi Maurice, some observations … <<USA savings rate isn't that great … means they will work until they drop … can work … until they are 95>> … Maybe. More likely they will vote in politicians who will redistribute wealth via inflation and taxation. Majority rule is rarely benevolent. <<Retirement is a modern concept ... Many … don't really retire anyway … they'll stay there until they drop>> … Working by choice is freedom. Working by necessity is recipe for revolt. <<Margin debts are way down>> … Some of it, no doubt, now consolidated into home equity loans, like those trans-generation Japanese home mortgages that once supported their equity valuation. Relative personal savings/equity capital value between the US and Japan balance sheet and residential density may put US and Japanese real estate valuation on par footing. Balance sheet analysis in the context of future expected income statement may also put the US and Japan on par footing. I do not believe the average Japanese' personal balance sheet and ratios are weaker than the average J6P. We will have to wait and see. Chugs, Jay

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next