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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (74292)	1/22/2000 6:33:00 PM
From: re3	Respond to of 132070

people may not be reading the financial page if this mania ends, so they won't know the 'bitter truth'... edit, they don't read it now, sew buttons , ho ho...

To: Mike M2 who wrote (74292)	1/23/2000 9:48:00 AM
From: geewiz	Respond to of 132070

Mike can you believe this! Another foreigner living well off the fat of the US market predicts doom and gloom! (VBG) Saturday January 22, 11:09 pm Eastern Time <<Greenspan anxious over U.S. imports - TOKYO, Jan 23 (Reuters) - Japanese Finance Minister Kiichi Miyazawa said on Sunday Federal Reserve Board Chairman Alan Greenspan told him the surge in U.S. imports could not last forever. With new wealth provided by the U.S. stock market, money was not being made from producing goods and services and so had no outlet but through imports, Miyazawa quoted Greenspan as saying in a weekend meeting during a gathering of finance ministers and central bankers of the Group of Seven nations. ``At this point what's troubling him is that the money is going into imports, and this may be good for the people of the world but for the American economy this cannot continue for long,' Miyazawa said, speaking on a television talk show. Miyazawa said he told Greenspan that he believed the U.S. stock market rise was a bubble and an adjustment was inevitable.>> biz.yahoo.com My guess is they don't understand the new economy! later, art