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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (10935)12/5/1997 1:16:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Hi Bob,

I don't think that Japan is in any position to drop their bond on New York. If they did, it will mean the death of them. Their economy cannot withstand the shock, nor can they afford the risk considering that the IMF is the easier way out.

It is noteworthy that December 7th marks the 50th anniversary of Pearl Harbor. As was pointed out to me on another thread, the United Stated is the only real superpower monetarily and militarily. Even Japan must now bow to the dollar. The United States has finally won World War II. It only took 50 years. God bless America.

GZ