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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (12099)	12/22/1997 8:02:00 AM
From: Tommaso	Respond to of 18056

I think your scenario is as likely as anyone else's. But the Japanese don't even have to sell bonds. All that's needed is that they not buy any more. I keep wondering how long the US can go on supplying paper currency for the rest of the world--in effect exporting paper certificates in exchange for material products. Of course, we provide a valuable service just sitting here conducting our business honestly (more or less). We sure are good at consuming. Just look at the waistline of your average customer at MacDonalds--and at the amount of gasoline that his or her sports-utility vehicle burns up in a year.