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

To: Knighty Tin who wrote (47791)	2/18/1999 1:06:00 PM
From: valueminded	Read Replies (1) \| Respond to of 132070

Mike/Others You give the Japanese governing officials to much credit. I think they are dumber than a bag of hammers to jawbone their economy lower and allow us to purchase their assets with our inflated dollars. I think by the time they and most of the other economies wise up to whats going on, maybe we buy all their assets. Bottom line, let them have faith in the dollar, use the overvalued dollar to purchase their assets at rock bottom prices. Leave them holding the bag full of dollars which we then inflate. We get the assets, they get the .... well you know. So far, this has worked supremely well - only problem is we have been buying their industrial output, not their industrial base. But as this dichotomy continues, I think we get smart and start to buy the assets in these countris. As long as we can convince the other countries to follow our monetary advice, I think the bubble continues to inflate. What you think ? (all this in my opinion of course) PS, the only thing that has continually taken it on the chin lately in the market has been the commodities. ie SLB, ARCO, FCX, TDW etc (although, debeers has started to come to life) You still like commodities