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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: m.philli who wrote (6150)	6/1/1999 4:17:00 AM
From: d:oug	Read Replies (1) \| Respond to of 81023

It might be safer for me to say that I enjoy reading your posts rather than say again that I agree with you, as then you might ask me to explain what my understanding of what you said is, and I will come up short. So I'll play it safe and just ask questions. (1) Lets say that what you suggest might happen, does, as in the USA stock market crashes and takes its economy down for the ride. This will bring home to the American people that they have big debts to pay off, along with their very small saving being no help for this rainie day. Lets also assume that the Asian nations did buy up most of the gold at the low prices, and the dollar loses big time in its value to other currencies, and especially against gold. So as you mentioned now the Asian money backed by gold is strong and their debt owed to USA now much lower without paying a penny. Ok, USA people stop buying foreign goods. Asian countries have lots of freebies and cars to sell, but their own people save big time and spend little, so who buys their goods ? (2) (to be continued) Doug