Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Robert Douglas who wrote (365)	7/30/1998 10:15:00 AM
From: Chip McVickar	Respond to of 3536

This higher figure of 3.5% for wage pressures doesn't bother me...set against other factors driving this economy. I believe overall price inflation is still running at only 1.5%....this would be more important. The country has obviously been slow in rewarding its' workers with wage increases and this small increase would be factored into the projections. But debt loads for all countries, the Asian crisis, Japan Bankingand financial systems, China's financial extremes and the Y2K are of more concern. We are in a liquidity bubble with a divergent deflationary spiral gained from technology improvements and world wide increase in the production of all products and resources. Shortly we will see enormous price declines for all Asian goods as they dump into ours and europes markets. The Japanese car prices are already coming down quickly here in the east. Somewhere this parbolic rise from 1993 (some say since 1982) will have to be accounted for...What we do not know is "when and how much"..... If Greenspan and company can keep international monetary forces in check these same excellant economic conditions will go on for many more years. Keep our fingers crossed.IMHO Chip