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To: Bobby Yellin who wrote (37504)	7/22/1999 12:24:00 PM
From: Zardoz	Read Replies (3) \| Respond to of 116779

"IF" Japanese government announces the printing presses are full steam ahead.. why isn't the yen collapsing..or did the market plunge last nite suggest that is coming If everyone knows the US markets are over valued, why don't they sell. CB's control the power of the economy, when they change their minds, so goes the markets. But how fast are they really running those printing presses. Maybe just fast enough to bring some profits back to Japan, but not fast enough to produce growth in Japan. So they may need to crank the economy faster. Maybe a China devaluation might create some room, at the max pain level. Greenspan:"... capital is being pushed into USA..." That's not: "capital being attracted to USA." Would this not be Greenspan mentioning a bubble? Hutch