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Politics : Ask Michael Burke

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To: Broken_Clock who wrote (49526)3/3/1999 10:09:00 AM
From: Knighty Tin  Read Replies (1) of 132070
 
PK, Hopefully, Mexico will go to hell in a handbasket before May expiration date. The Japanese Yen killing game is just about over. Once short rates get to zero, you can't really lower them much any more. <g> I have long said that higher rates would save Japan, but right now they are playing kissy-face with the arrogant Americans. They might want to continue, but they have no room left on the downside on rates.

MB
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