Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (60364)	5/22/1999 9:05:00 PM
From: ForYourEyesOnly	Read Replies (1) of 132070

Thank you for your comments. I live in Japan, and I have lived through the past decade of deflation.... It would seem that when the US bubble breaks, the outcome would be deflation. However, would this not be politically intolerable? In Japan, the economy is in many ways still not a completely "free market," and the capitalism is not nearly as "savage" as you have in the US. As a result, here in Japan most people are still employed and living normal lives. The stock market lost 2/3 of its value, but life goes on as normal.... On the other hand, if the US market were to lose 2/3 of its value, I think that the situation would be much worse.... Wouldn't there be pressure to "reinflate" in the US? Cheers, THC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next