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To: pater tenebrarum who wrote (8693)	8/4/2000 12:41:21 AM
From: Step1	Respond to of 436258

Heinz, i know i know, all very right in my opinion as well. This is all scary stuff, especially the US path right now. That roller coaster track is starting to be a bit too shaky for my liking especially at the speed and height they are running this thing. (ya`ll know you cant get out of your seat in a roller coaster, you have those cushy push down bars locked down on your laps...) >>imagine if the US economy were to go into reverse, falling imports, rising savings rate, falling stock prices...the last remaining viable sector (exports) of the Japanese economy would get into trouble. Japan continues to stand as a constant reminder that neither Keynesianism nor Monetarism hold all the answers...in fact, they continue to fail in Japan in monumental fashion. thus the belief that Greenspud will always be able to print all ills away is extremely misplaced...it borders on religious faith by now as so far all crises were in fact drowned successfully in a flood of fresh debt, but the denouement of the credit bubble will most likely be very disorderly and not susceptible to the wonders of the printing press when the time is ripe. >> Good night to you, must be late out in Austria... sg