SI
SI
discoversearch

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: Step1 who wrote (426)8/20/1998 12:18:00 AM
From: Chip McVickar  Respond to of 3536
 
Hello Stephen,

I am not familar with News 23 or Tsukushi, I try to limit the amount
NEWS stuff I ingest.....bad for the bio-chemistry systems.

But that comparison is very powerful. The tsunami over taking Japan
must feel very foreign to those people who have worked so hard for their
retirement pensions and dignity of Japanese nation. They may still
get out from the worst of it....but the time is running out....confindence
in the Yen and Japan's economy must be restored shortly or risk further
depressionary forces.

I do not wish to believe the gold-bugs clatter and domesdayers cheers
that the world is on the brink of financial colapse, but it is certainly
built on sand and monitary experimentation....where this will lead us
is yet unknown.

The economic factors that have been in place for the last 15 years and
the productivity being provided by the computer are still in place and
should provide prosperity for years to come and benifit many more people
of the world.

The argument seems to fall as to wheither the US is in an Equity bubble within a
deflationary spiral similar to Japan a few years ago and if the pressures
being applied by international debt structures will increase those deflationary
pressures world wide.

The second shoe has not yet been dropped, but the laces may-be-coming untied.
I certainly hope the Rubins and the Greenspans of the world know what
they are doing....could be an awful mess.
Just my opinions not to be confused with advice.
Chip