Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (64650)	7/15/1999 7:35:00 PM
From: Freedom Fighter	Read Replies (1) \| Respond to of 132070

Nadine, I didn't pay much attention to the global scene at that time so I can only tell you what I've read about it. At a certain point the Japanese authorities decided to raise rates and burst it. I also read conflicting stories about the excesses starting to spill over into price inflation (early stage), but I'm not sure. The best person to ask is probably Bill Fleckenstein. He recognized Japan for what it was before the masses and was able to profit from the decline. I'm sure he can give you the real scoop. Wayne