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Pastimes : Don't Ask Rambi
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To: Rambi who wrote (4666)11/30/1997 11:23:00 AM
From: greenspirit  Read Replies (1) of 71178
 
She's BACK! Thank God, I thought the thread was going to die on the vine after deep discussions of Bilbo and his latest adventure's. :-)

So you survived the freezing cold of the Northeast huh Miss Penni?
The markets have been moving sideways since your departure. Japan, Korea and all the problems of the far east seem to be waying heavy on investors minds.

Funny how quickly things change in less than a decade. 10 years ago everyone in America was worring about the Japanese buying up all our Real Estate. And now their losing their shirt trying to unload it.

Japan Inc. Must face the facts that insulating their economy and consumers from the rest of the world is a formula for disaster.

Times have indeed changed. America is at full employment, inflation is dead, and the deficit so many people thought would destroy us, now seems manageable. Of course all those doom and gloom authors of the late 80's are now shifting their processors to Global Warming.

Michael
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