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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (32013)9/1/1998 12:34:00 PM
From: Michael Bakunin  Respond to of 132070
 
I'm not in any hurry. IMO, if this rally holds today, it'll hold for a little while; I'll short again when dipsters and codependent talking heads start worrying publicly about having missed "the bottom".

A nice article in the SCMP notes, "US net debt was at $1.22 trillion last year, up $456.4 billion from 1996, according to the Treasury... Japan's net credit to the US stands at about $860 billion, or 70.3 per cent of net US debt, according to the Bank of Japan."

scmp.com

mb