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Politics : Ask Michael Burke

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To: MythMan who wrote (34826)	10/30/1998 11:19:00 AM
From: Mike M2	Read Replies (1) of 132070

MM, NO WAY baby brats will be de road kill. The bear is here to dish out tough love fer all. The streets will flow with de blood of the non believers. Lower rates may provide temporary life support but it will not work . Lower rates did not help Japan and did not help the U.S. in the 30's. The bust is an caused by the excesses created during the boom ( malinvestments and maladjustments) fueled by the inflation of money and credit and not due excessively tight money as the Monetarists would have you believe. If simply printing money was the answer Latin America should have the most prosperous nations on earth. Mike ho ho ho

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