[lbo-talk] Re: if the U.S. balloon should burst

[joanna bujes]

At 09:55 AM 04/30/2003 -0700, you wrote:
>Wouldn't it make sense for governments to use some of these funds to buy
>up physical assets in United States rather than to hold relatively low
>yielding financial instruments?

Apparently, according to Hudson, that would be considered "an act of war." 
But, if memory serves, they did buy a lot of real estate.

Joanna