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

To: Ramsey Su who wrote (36298)	7/20/2003 5:13:51 AM
From: Maurice Winn	Respond to of 74559

<3. we are so much smarter than the Japanese, we have already used up all the monetary and fiscal trickeries. > Hi Ramsey. It's amazing how amazing Americans are. But they aren't that smart because they haven't yet really cranked up the pixelation process for new $$$$$$$$$$$. So Uncle Al still has more tricks up his monetary sleeve. He can split the currency in two, giving the new dollars to King George II to fund an American Empire or at least militarily deal with a lot of recalcitrant beyond the pale types such as those in Liberia, Iraq, North Korea, Zimbabwe and France. Owing the rest of the world will keep Americans working, albeit for lower pay than they enjoyed in Y2K, the year the bubble burst. If car companies can borrow, they might as well let customers take delivery and pay their debts over the next few years rather than not make a sale. The companies' borrowing ability must be running down though, judging from their market capitalisation trends. Ford: siliconinvestor.com General Motors: siliconinvestor.com I think interest rates should be going up, not down, but I defer to Uncle Al's expertise. There isn't much in the way of inflation, so it's reasonable that he hold tight. He can move rates up as quickly as they came down, so there's no rush. Unlike going down, where zero is a minimum, there's no upper limit to interest rates, though it's getting a bit too wild over 20% for many people to cope with for long. I'll read that link a few more times tomorrow. Mqurice