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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (5909)	3/15/2002 12:50:40 AM
From: mopgcw	Respond to of 52153

<> In fact economists have worried [cried wolf] about the "reserve currency status" of the US dollar since I was in school [no THAT's a long time] and so far there has been very little real instability [although the rides we did have were not trivial... '87 comes to mind]. </> Quite astute, only comment I would make is that '87 Japan was still riding high and the sovereign rating was pretty solid. Problem now is the government is running out of options & money. How many multiples of GDP is the limit to government borrowing? On topic, you are probably right, that even without the Japanese as a source of capital it would not make much difference to the bios in general. the marginal fellow, however... interesting stuff. regards. george