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To: dougjn who wrote (14448)	9/2/1998 1:56:00 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

You did make me feel a little queasy again Doug! SurferM too! I know that powerful and stupid people do not quietly shuffle off stage for the greater good. When you say rebuild capital, you don't really mean capital in the sense of productive enterprise, because that is still all present and operative. You mean rebuild capital in the sense of banks having enough money coming in to pay their operating costs. While Alan Green$pan did it by allowing a big fat margin between borrowing and lending, as you or somebody pointed out, that doesn't work in Japan because interest rates are near zero anyway. But the government can just go on printing yen and rebuild 'capital' like that - or at least cover the operating costs until the markets can be 'cleared'. Yes? I think I'll go and chop wood! Maybe it'll settle a queasy stomach. I don't like the idea of derivative led, international financial collapse. Can't the tooth fairy just come along, wave a magic wand and we'll all be hunky dory? I'm sure Alan G, Bill C and the gang won't want to preside over the biggest collapse in human history. That just wouldn't be fun. No Worries, she'll be right. Mqurice