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To: Keith Monahan who wrote (66962)4/3/2001 4:35:41 PM
From: Ahda  Respond to of 116931
 
fool.com

An asset is an asset until it is written off the laws are clear
but how does Peter pay Paul?



To: Keith Monahan who wrote (66962)4/3/2001 4:44:31 PM
From: marek_wojna  Respond to of 116931
 
<< A recently released study by Pricewaterhouse....>>

Talking about accounting practices and transparency in the United States, overseas investors have lots of questions regarding earnings and visibility, a year ago and now. Very soon same will apply regarding almighty US dollar.



To: Keith Monahan who wrote (66962)4/3/2001 5:07:54 PM
From: russwinter  Read Replies (1) | Respond to of 116931
 
<What is your rebuttal to this section of his comments>

First, foreign capital helped feed an equity bubble, which gets busted. Now they are feeding a bond (credit) bubble which will soon be busted. Then when they've run out of bubbles, why hold US dollars? Any other bubble candidates?

All this talk about "transparency" and "liquidity" and America's great "legal system" (they obviously haven't spent much time in the US) is a little bit like going to a used car lot and seeing the best detail job on the planet on an old auto that stops running once you drive it off the lot.