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PENNYPRINCE 1

03/20/05 10:59 AM

#371761 RE: Zeev Hed #371746

Zeev have you looked at the map wecus updates? Do you have any comments? Your comments on a trading range dont seem to be illustrated. Thanks
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James T Kirk

03/20/05 12:22 PM

#371774 RE: Zeev Hed #371746

I believe Japan ran a budget surplus too in the late 80's (another bubble situation). Maybe big surpluses are just the result of runaway asset inflation (bubbles). Naturally in retrospect it would look like surpluses are bad for the economy. Should the government have spent the surpluses and created a bigger bubble that would inevitably pop?