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


To: valueminded who wrote (47776)2/18/1999 10:55:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Chris, The Japanese are currently playing kissy-face with Rubin. But as the lower rates hurt them again, they will go back to doing what is smart for Japan: raising rates.

It is hard to believe that US consumer and corporate debt can expand much more without a loud pop being heard around the known universe. Even the DRAM and boxmaking cos. are finding that increased capacity means lower revenues. Certainly not worth borrowing money to achieve.

I think the AG/Abby Jo/Joe Batsinthebelfrya/poor dumb herd game is just about over.

MB