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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Frodo Baxter who wrote (1043)	11/22/1998 11:34:00 PM
From: Chip McVickar	Read Replies (1) of 3536

Hi Lawrence, The Sceptical Investor for Nov chebucto.ns.ca . What are you picking up about deflation in your studies..? Anyone at Harvard getting serious about deflationary pressures and the potential effect on American business and tax revenues..? I expect they are brushing it aside. If Japan's depression continues to expand and I believe it's still about 50/50...that should knock about 20% off the us growth rate for the next few years. Personally I grow tired of comparisons to 1929 and 199?, 2 different animals, buy that is not to say 1999 couldn't have its' own style of deflation. What do you think. Chip

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