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Strategies & Market Trends : Waiting for the big Kahuna

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To: Roderick Ciferri who wrote (11486)12/13/1997 4:31:00 PM
From: kormac  Read Replies (1) of 94695
 
<<A group of international politicians bailing out any country that
needs help sends the clear and dangerous message to other
countries that there will always be a safety net.>>

Rod, Isn't this what economists call the 'moral hazard'. Somebody please educate me what would happen if Japan would need a bailout,
(after she has sold the US paper), or if US needs a bailout. The point is
if this crisis starts to roll over the world, countries are starting to default. Not yet, but perhaps sometime in the future.

I saw Lawrence Lindsay on Moneyline a couple of days ago say that
Japan is increasing its money supply at a rate of , one percent per day. Lou Dobbs took a double take and asked him to repeat it.
What are the implications of this?

Regards, Seppo
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