SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?


To: Dexter Lives On who wrote (1223)3/17/2001 1:44:39 PM
From: Davy Crockett  Read Replies (2) | Respond to of 5144
 
Hi Rob,

I agree that he might as well do a 1% hike as opposed to two .50's or a .75% & another .50 or whatever.

Interest rates cuts are only one aspect... somehow he has got to lubricate the monatary supply, by opening up the printing presses in order to prevent a credit seizure. Right now credit has dried up for everybody, regardless if u r a gazillion $ corporation or the Mom & Pop variety store down on the corner of the street.



To: Dexter Lives On who wrote (1223)3/17/2001 8:45:32 PM
From: Shack  Read Replies (1) | Respond to of 5144
 
Shack, are you calling for Japan to drag the world financial system into the sewer?

Well Rob, it won't help thats for sure. The timing couldn't be worse given the NA slowdown. I'm not an expert but if the Japanese banks had just written down the bad debts/deflated assets years ago, they would likely be in a bull cycle by now and helping the global economy avoid a potential severe recession.

That said, they still haven't cleaned up those balance sheets and now the gov't says it will support the market. Just fix it!