To: set who wrote (20727 ) 6/19/1998 8:22:00 PM From: James F. Hopkins Read Replies (3) | Respond to of 94695
Shahar; RE > magine - stabilizing asia mitigates the threat of deflation, and beating up the dollar mitigates the threat of inflation at the same time. maybe that's why your mega-caps are holding up <<< ---------------------- (1) It don't work that way Asia is the victume of carpet baggers, it's too complicated to get into here, basicly it's well hidden with in the currency traders. It didn't happen by accident or over sight it was planed , and the bad loans would not have gone bad, but their currencies were methodically killed to make repaying them impossible. In this way the carpet baggers pick up the pieces for pennies on the dollar. -------------------- (2) They have their sights on us too, and this bail out is just a Con Job. (3) We import more than we export, chopping the dollar runs up the cost of every thing from chips, to copper, to oil at least to us. Relatively speaking the things we need for production and import the most go up. A hand full of people benefit, but inflation does come in the back door, and the extra cost of imports will find it's way not just to the American consumer, but into the price of the items we export. There is no free lunch , killing the dollar can kill this economy. (4) Kill this economy , and because ( we spend more money on R&D than the rest of the world combined ) you kill most of the research and development that not only benefits us, but the world. If we go into a down turn, the R&D will be cut way back. In the long run every one gets hurt. (5) The carpet baggers don't give a hoot about any of this, they just want to consolidate their power over masses. This thing is a scam of such huge proportions I can't fault you if you fail to see it, So many people are brain washed by the News media who have turned into nothing but lapdogs for the evil in high places. Jim