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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: clochard who wrote (37659)1/19/2000 4:13:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
i couldn't agree more. imo the zero interest rate policy is a BIG mistake. they should allow the destructive process to run it's course instead of continually postponing the inevitable. the malinvestments of the 80's need to be cleared out, period. the way they're doing it now, they're simply supporting an ever bigger U.S. asset bubble as Japanese capital gets exported via the Yen carry trade. that way lies doom for us all...