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To: Knighty Tin who wrote (85400)	2/8/2001 5:42:17 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 86076

MB, i fully agree, Japan's high savings rate is its saving grace...and the lack of same is the big Achilles heel of the US economy, together with the huge private sector debt pyramid. interestingly, US banks look very strong at a superficial glance, however that doesn't take into account on how many soon-to-be-declared-duds loans they are sitting. last year ratios like loan-loss reserves vs. assets, equity capital vs. assets ,and equity capital vs. derivatives exposure all hit multi year lows, as they are wont to do at the peak of an extended boom. a few days ago i came across an article on "why what happened in Japan can't happen in the US". words like debt and savings rate were conspicuously absent, as they are absent whenever one of the FOMC clowns deigns to speak. imo the macro-economic catastrophe potential is extremely high in view of the many imbalances in the economy. and funny enough, that might be good for Japan. the reason is that while Japan's exporters are likely going to suffer a bit, capital will be more likely to return to Japan if the US economic and investment return outlook dims. interesting times directly ahead, in the Chinese curse sense. -g-

To: Knighty Tin who wrote (85400)	2/8/2001 5:46:21 PM
From: oldirtybastard	Read Replies (1) \| Respond to of 86076

I wish someone would convince the Japanese to transfer their US$ denominated assets into gold. That could spice things up, and they are in an almost no lose situation over there at this point. I'd love to know what Soros is doing right now, I know he is very bearish macro-wise, but you'd think with all the imbalances around someone with enough size could make some pretty interesting moves right now....maybe I am over simplifying things in my mind, but we could use some kind of excitement -g-

To: Knighty Tin who wrote (85400)	2/9/2001 1:39:21 AM
From: IceShark	Read Replies (5) \| Respond to of 86076

Toyotas, Hondas, and Nissans are still the best cars in the world LOL! You must drive pretty crappy cars, MB. Their auto industry has suffered as well (R&D and production), though still somewhere in the pack in the world class game. They may gain as these German dudes continue to have heartburn over a big Detroit meal. -g- But only in the position at the moment. I think everyone knows how to make gas sipping cars now. It is where we go from here, I suspect the big SUVs are history.

To: Knighty Tin who wrote (85400)	2/9/2001 3:31:20 PM
From: Terry Whitman	Read Replies (2) \| Respond to of 86076

Who opened this thread back up without my permission? <g> I'm with you on Toyotas. I've owned many, and they were very dependable- except that first one I had when I was 16. Timing is everything man. Car trading just like stock trading. I've gotta tell this story- Just got back from the car lot where I traded my 300E Benz in for a VW Jetta this monday. I knew my tranny was going fast- so I did some furious car shopping last weekend and found this VW I liked, and they gave me fair trade-in on my Benz. I picked up the title today, and the sales lady told me the tranny on the trade in went out on them when someone was test driving. <ng> I of course felt terrible.... for about 5 minutes. LOL Are we gonna stop going down soon- or am I gonna have to Call Greenspan Wrecker Service to come tow this pig of a market out of the ditch. I think it's transmission is slipping. <g> Who ya gonna call?