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Non-Tech : Deflation
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To: JF Quinnelly who wrote (92)7/26/2002 6:16:04 AM
From: Maurice Winn  Read Replies (1) of 621
 
Well, the IRA have seen the evil of their ways and are pretending to be sorry. Or, more likely, they have realized that they are remarkably similar to Osama's crew and most of us hope they blow themselves up or are killed by anti-terrorist forces. The more innocent should spend the rest of their lives atoning for their participation in the Matrix of Malevolence [more extensive than the Axis of Evil] or perhaps do the decent thing with their swords.

Meanwhile, are we now entering the realm of deflation? Gold, shares, Hang Seng, Nikkei, all taking a dive together versus US$.

There have been two years of market clearing, so I'm hoping the risks are much less than if it had all gone with a whoosh.

Mqurice
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