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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (121)	6/12/1998 5:24:00 PM
From: Bobby Yellin	Respond to of 81177

I am talking about US citizens.... wealthy Japan has been trying to bailout its banks by letting them borrow very low and put their money in our bond market..they have caused a lot of the bubble in bond market which has led to the cost savings in our corporations..lower interest rates..and in turn people searching for higher returns in the stock market.. somehow..Japan hasn't gotten it,IMVHO..it put higher consumer taxes and tried to depend exporting itself out of its problems instead of just getting their banks to own up.. I wish Greenspan had allowed some of our banks to fail big time instead of bailing them out also...that way he would have been sending a message bigtime to the financial world..no more bailouts for bad investments.. Rubin was given a problem..and he really has created a lot of prosperity among millions upon millions of americans who probably are not even in the market.. so how..I think this bubble won't burst but just gradually deflate.. just guessing(one reason being that it has been a rotational recession in this country and it has been a rotational self correcting market..and probably rotation will now go to Europe and after Europe Asia again.. a lot of people with pension plans have profitted greatly and I am certain will still be far ahead if the market corrects thirty percent..the year2000 is something else though