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Politics : Ask Michael Burke

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To: Bonnie Bear who wrote (45590)2/3/1999 2:27:00 PM
From: Earlie  Read Replies (1) of 132070
 
Bonnie:
They're listening.
As I noted earlier, the Japanese are about to unleash a paper (Govt bond) blizzard that should see a 24 inch accumulation. Japan's deficit, already rocketing along at annual numbers that have never been seen before, will explode more than 20% this year on a y-o-y basis. They own up to the fact that the deficit will likely end up exceeding the GDP by 140%.

Best, Earlie

P.S. Just realized that the snow analogy might not be appropriate,given your location. (g)
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