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To: GROUND ZERO™ who wrote (436)	11/28/1997 3:06:00 PM
From: Mike M2	Read Replies (1) \| Respond to of 686

GZ, one explanation is that dollar denominated assets appear to be the only safe alternative to park one's money since the central banks have been so effective at tarnishing gold. I believe we will catch the asian flu-only a matter of time. Many bears,myself included, are operating under the premise that we are in a mania which will end badly but realize that timing the end is extremely difficult. mike

To: GROUND ZERO™ who wrote (436)	11/28/1997 7:35:00 PM
From: Staff	Read Replies (1) \| Respond to of 686

Money is always on the move. It has to be parked somewhere. Historically the US has proven since the dawn of the industrial age to be the most stable and free of all the economies to move money in and out of. GZ if I give you a trillion dollars tomorrow... where you going to park it? You need it safe, it needs to be working making more money and it needs to be liquid in the sense some dictator is not going to freeze you account starting at 7 o'clock tonight and declare it now property of the state.. US paper seems to meet the above criteria most suitably at this juncture. I get a kick out of the IMF bailouts. Problem with the IMF is that they give you the dough but then you run your system according to their rules. You relinquish control when you invite in the IMF. It should be interesting watching the IMF telling South Korea how to run their country. I hear people asking this past week..Who is the IMF anyway?.. Where do they get all this glue to pass out to everyone in trouble? Some say it's nothing but a puppet of the US. I mean.. Who really funds the thing in the long run anyway? Some say it's really those nasty old group of good old boys that some folks were talking about ut in the late 1970's.and 80's called the trilateral commission. Big time conspiracy stuff. Remember the trilateral commission? They were those chosen few who banded secretly together with the mission statement of silently controlling and uniting the major economic powers of the world under one self contained and secretly run corporation essentially enabling them to run and rule the world. See. they just silently crush the currencies of one country at a time to where they bring in the IMF. They tell the IMF and then the IMF tells them. the new rules and how to play the game their way. The IMF basically is calling the shots in just how many economies right now anyway ? I believe its 6 now is it not? Just how many more countries does the IMF have to bail out and take over before they call the shots for the majority of the economies of the world anyway? Every see what the IMF has people do to come into compliance? Looks like a pretty damn westernized system to me :-) Maybe the trilateral commission isn't such a far-fetched goofball idea after all? They bail out Japan then I'll begin to worry but it is quite a coincidence how they all seem to be falling one at a time like clockwork. I agree that we will catch the Asian flu as well. All these banks are so intermingled today that it is inevitable. Japans banks are the largest in the world. Citicorp and Chase don't even come in the top 10 in comparison.. But for now... you have to park the dough somewhere and right now the USA seems to be the better of the evils to choose from. You tell me... what do you think?