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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (6197)7/23/2001 2:52:14 AM
From: marek_wojna  Read Replies (1) | Respond to of 74559
 
<<I do admit, events are pretty messed up, like somebody having just released a batch of poisonous snakes in a crowded elevator, and the lights having just gone out.>>

Real problem is hard to guess how many survivors will reach the destination floor. (if any, without paramedics help)



To: TobagoJack who wrote (6197)7/23/2001 10:31:03 AM
From: Ilaine  Read Replies (1) | Respond to of 74559
 
>>I suppose, given Japan's deflation and their nominally zero interest rate, their real interest rate is actually quite 'high'<<

This is why Paul Krugman is advising the Japanese to start printing yen; and, as I've said before, why we are keeping the dollar strong. China's #1 trading partner is Japan - the noise Japan makes as it implodes will sound very loud over there.