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To: Les H who wrote (140845)12/29/2001 4:18:03 PM
From: Les H  Read Replies (3) | Respond to of 436258
 
yen devaluation

latimes.com



To: Les H who wrote (140845)12/29/2001 9:41:15 PM
From: Earlie  Read Replies (3) | Respond to of 436258
 
Les:

Right on the money comments.

I keep coming up with a two synthesized worry items...... who the heck is going to buy the piled up (global) inventories as more and more folk are laid off? And how can any form of hiring expansion acquire some momentum when firms continue to hunt for additional ways to cut costs as a means to deal with their non-existant profits and expanding debt servicing loads?

"It don't add up" comes to mind.

Best, Earlie