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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Mason Barge who wrote (5540)	5/26/1998 4:53:00 PM
From: Pete Young	Respond to of 10921

The whole problem with Japan's terrible loans to SEA resulted from a lack of anywhere to invest its capital. In the Atlantic article, the author seemed to me to say that Japan has plenty of capital on hand, in the form of Postal Deposits (over a trillion dollars??). Three trillion dollars if I remember correctly, but lots of that may already be locked up in redundant bullet trains and expensive, marginally useful public infrastructure. Judging by what the author was saying though, it would be good for interest rates here if we could let the Japanese retirees have access to our T-bill market directly. I think there might be some enthusiasm from those people looking to invest their clutches of cash...5.8% instead of .455%.