Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (28834)	9/24/1998 9:56:00 PM
From: Monty Lenard	Read Replies (1) of 94695

Haim, I am not an economist but looks like the Nobel Prize winners at LTCM are much better! But, I do have common sense and a .75 basis point cut is crazy. All we will do is put more air in this balloon. Excess liquidity is what got us here and that is supposed to solve the problem? I think not. But I guess we will have to agree to disagree. <g> Plus I really don't understand what this has to do with the price of eggs in China. <<Germany has the most exposure to Russia and other East European countries, for more than the US or UK. Interest rates there are lower than in the US or UK, therefore those two countries need to lower interest rates as inflation rates in all western countries are more or less the same.>> Regards Monty

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