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: Henry Volquardsen who wrote (462)8/23/1998 6:15:00 PM
From: Investor-ex!  Respond to of 3536
 
Henry, you and I both know the budget is still not in balance, though it has been slowly approaching that happy state of affairs the past few years. However, the controversy rages, even now, on how to "invest" the bogus-accounting "suplus" on the government's books that is parroted by the popular press.

The fact is, the national debt still rises -- we are NOT in balance. I grant that the US national debt MAY hit equilibrium or perhaps even a very slight decrease for the Federal fiscal year ending 9/30/98 (though I doubt it). After that, IMO, the national debt will continue to increase for at least the next several years.

This opinion is based, for the most part, on the very high probability of the US falling into a nasty recession starting late this year or early next.



To: Henry Volquardsen who wrote (462)8/24/1998 12:32:00 PM
From: Chip McVickar  Respond to of 3536
 
Henry,
You may have missed this..? Very interesting
#reply-5573784
From the Asia Forum