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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: sammaster who wrote (36630)	1/22/1999 12:41:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Sam; I have not really had time to give it much thought, and I hate to sound radical, but I trust very little of what the news media puts out. In my travels I found that to find out what was going on say in Brazil, you had to visit with the regular folks, and draw some comparisons then to the "face" the news media puts on. To be honest I don't know what to think about China, when I see news clips I try to look for things other than just what they are calling attention to, but I don't see many news clips of China and have never been there. From what I saw of the PBS show on the big dam they are building I was impressed. Not just from the point of how large it is, but with the people and the community life and what I could see that for the most part was they seem warmer towards one another than most western cultures do. China may be slow coming to accept a lot of what we call modern economics, but they may be wise in doing so too. --------------------- Looking back at history it's not hard for me to understand why they are less than trusting of the western world. As for the money situation, hmmm well with the unregulated gang of the "Fraternal Order of Western Currency Raiders " that have such a free and unfettered hand in creating any crisis they want to exploit I guess if they are starting to talk about a China crises then we will likely have one just to make them happy. ---------------------- I don't know, but do consider the source , and ask yourself if it makes any sense. Most of the news I read doesn't. China may take steps not to get ripped off and some the " FO of WCR " is not use to dealing with. What's one more crisis, but another opportunity for the international investment bankers and the IMF to milk the glorious system they have worked so hard to put together. <G> Jim

To: sammaster who wrote (36630)	1/22/1999 1:03:00 AM
From: Bonnie Bear	Respond to of 94695

The feds don't seem to care an iota about the deficit. Greenspan was asked about this. It seems that as long as the US can collect enough tax revenue to pay interest on the debt, and keep interest rates down, they are happy. Ever cheaper imports keeps the CPI down, which drives interest rates down, which keeps Greenspan happy. The guy wants zero inflation so he doesn't have to pay out increases for fed retirement benefits, social security and medicare. The dollar will drop against the yen...perhaps against the euro... but IMHO the feds only worry about export trade with Canada and Mexico.