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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: 16yearcycle who wrote (24257)9/14/1998 3:21:00 PM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
Eugene/all, Acampora interview 9/13/98...
exchange2000.com

GM



To: 16yearcycle who wrote (24257)9/14/1998 3:28:00 PM
From: Ramsey Su  Read Replies (1) | Respond to of 70976
 
Eugene,

I am going to talk out of both sides of my mouth, because 1) circumstances are very complicated and 2) my president set the example for "American people" to follow (who are these "American people" anyway? Bill C keeps saying he needs to go back to work for the "American people". Am I included in the group? Somehow I don't feel anyone is working that hard for me)

Seriously, if there is a rate cut, especially a coordinated rate cut, then the yen would strengthen, which is not good.

It seems like we need to somehow call timeout and freeze everything for now. Then we can try to deal with all these global problems with a coordinated game plan that everyone knows how they fit in, commit to the solution and work our way out of the problem.

Unfortunately, I am just daydreaming.

Ramsey



To: 16yearcycle who wrote (24257)9/15/1998 11:47:00 AM
From: akidron  Read Replies (1) | Respond to of 70976
 
A cordinated rate cut will not save the day. To late, and far too much asset overvaluation for that, but I don't see that it is possible with europe tumbling towards a single currency. They would have to agree, and places like the UK are already seeing inflation. The problem with goldilocks economies is that the first blemish destroy's the picture and shes got acne now.