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To: schrodingers_cat who wrote (128517)7/18/2001 4:39:23 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Cat: "Where else are people going to put their money?" This assumes they have money to give us. What happens when they need to cash in some of their chips in our markets because they are running low on funds themselves?????



To: schrodingers_cat who wrote (128517)7/19/2001 1:38:13 AM
From: craig crawford  Read Replies (2) | Respond to of 164684
 
>> Where else are people going to put their money? <<

hard assets

>> Japan has been in recession for a decade and may be in recession for the next decade. Europe has a central bank that keeps reminding people that they are new at the job, lead by a guy in serious need of a haircut. ;-) ) OK so people can keep some money in Switzerland or the UK , but for diversity, security, liquidity and potential returns the US is hard to beat and likely to stay that way. <<

periodically throughout history there are times when no good places to park your money in paper assets can be found. that time is nearly upon us.