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Pastimes : A Jackass, his PAL(indrome), and GOLD

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To: SOROS who wrote (42)1/7/2003 4:33:11 PM
From: Jim Willie CB  Read Replies (2) of 1210
 
CNBC sounds less sure of Economic Policy lately
they seem to be comprehending the gravity of situation more
Haines this morning questioned the effectiveness of lower rates when end demand is nonexistent
he mentioned how stock analysts were all wrong last year, so why not again this year?

sooner or later, we may see some strange behavior
as CNBC anchors wise up to the market's reality
and to economic reality
but are bound to advertiser's reality

the learned experiences from the Japan Story is strangely absent
not missed by gold bugs though
we are 80% similar to Japan, whether we like it or not

/ jim
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