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Politics : Ask Michael Burke
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To: Lucretius who wrote (49643)3/3/1999 6:05:00 PM
From: Mike M2  Read Replies (2) of 132070
 
LT, It's been a while since I have listened to JOE BATAPAGLIA his routine was inflation is low, interest rates are low and ? strong profits. I see Japan- they have had low product price inflation and low interest rates and yet the Nikkei is down about 65% since 1990. The Japanese also save for retirements like da US baby brats. i wonder how Joe would explain this ? Ever hear about excess debt? Does the fact that US debt levels are growing faster than income or the economy concern anyone on Wall St? HO HO HO
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