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Non-Tech : Dollar/yen ambush? -- Ignore unavailable to you. Want to Upgrade?

To: Bill Murphy who wrote (52)	7/20/1998 2:13:00 AM
From: Zardoz	Read Replies (2) \| Respond to of 95

Yen 155 within a month. Than a spike to 200! Don't believe this reflate stuff. My own intelligence says that the Asain people as a whole will act like a grape, and dry up {raisin}. This will cause a spiral defaltionary economy. As people cut cost, reduce labour, reduce prices, reduce purchases, increase exports, reduces civil services, and than rebel. For all intents and purposes the Japanesse government is now defunct. And economist will tell you that the economy ALWAYS suffers in such a condition. They are entering PHASE II. Which leads in a currency crisis for G7 governments. Watch the CDN peso to continue, than the weak EU, and than UK. {The Franc is alread showing weakness}. And utimatly the US Dollar, with massive trade deficits, will tumble. Gold will rise, oil will rise, inflation in the US will DIE, and with it the stock market. PS: the bear market has already started, most people are in denial!